STAMATAKIS + THALJI + BONANNO

Tampa Chapter 13 Bankruptcy Attorneys

You Need Legal Representation.  We Make That Possible, Because We Make It Affordable.

CHAPTER 13 BANKRUPTCY ATTORNEY

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What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is also commonly referred to as reorganization bankruptcy.   A typical goal of a chapter 13 bankruptcy is to keep your property, such as a home or car, but pay back all or a portion of your debts over a three or five year period.

What is a Chapter 13 Bankruptcy Attorney?

Quite simply, a chapter 13 bankruptcy attorney is an experienced attorney that provides fast effective representation to those seeking to reorganize their debt to save their home. Not every chapter 13 bankruptcy attorney is created equal. Our attorney have a proven track record of success in chapter 13 bankruptcy court and have countless chapter 13 bankruptcy plans confirmed. An experienced chapter 13 bankruptcy attorney should be able to tell you your chances at confirmation after a simple review of your income and expenses.

What is the difference between a Chapter 13 Bankruptcy and a Chapter 7 Bankruptcy?

A chapter 13 bankruptcy allows for you to catch up on payment for property that you are behind on such as a car or home, while a chapter 7 bankruptcy simply eliminates your financial obligation but does not by itself allow you to catch up on any back payments.

Do I qualify for Chapter 13 Bankruptcy?

There are several requirements you must meet in order to be eligible to file a chapter 13 bankruptcy.  You must first be an individual as businesses are not allowed to file chapter 13 bankruptcies.  You must have enough income to make your proposed payments to your creditors.  Your total amount of secured and unsecured debt must be below the maximum amounts allowed, which are periodically adjusted for inflation.  Finally, you have to have filed all required tax returns or have them filed shortly after filing chapter 13 bankruptcy. Our experienced chapter 13 bankruptcy attorney will help you determine whether this is the right bankruptcy for your needs.

Can I keep my car in Chapter 13 Bankruptcy?

Yes, you can keep your car in chapter 13 bankruptcy.  If you are current on your car payment you can keep making your payments directly to your lender.  If you are behind on your payments chapter 13 will allow you to continue making your normal payments and catch up on your missed payments over the life of the bankruptcy.

Can I lower my monthly car payment in Chapter 13 Bankruptcy?

Possibly, depending on your individual situation you may be able not only reduce your car payments and the total amount of money owed on your car as part of your chapter 13 bankruptcy.

Can I keep my home in Chapter 13 Bankruptcy?

Yes, you can keep your home in chapter 13 bankruptcy.  If you are current on your home payment you can keep making your payments directly to your lender.  If you are behind on your payments chapter 13 bankruptcy will allow you to continue making your normal payments and catch up on your missed payments over the life of the chapter 13 bankruptcy.

Can I modify my mortgage if I file a Chapter 13 Bankruptcy?

Yes, you can seek to modify your mortgage while in chapter 13 bankruptcy.  You may even be able to request mortgage modification mediation through the court depending on the specifics of your case.

Can I try to keep my home but get rid of my equity line or second mortgage in a Chapter 13 bankruptcy?

Yes, if the current fair market value of your home is less than the payoff of your first mortgage then you may be able to continue making payment to your first mortgage while removing your second mortgage or equity line of credit on your property through a chapter 13 bankruptcy.

Do both my wife and I have to file a Chapter 13 Bankruptcy?

No. Our chapter 13 bankruptcy attorneys will analyze the details of your case to determine whether filing alone or with your spouse is most beneficial to your case. However, there is no requirement that both spouses jointly file a chapter 13 bankruptcy.

Can I eliminate IRS tax debt in a Chapter 13 Bankruptcy?

In some instances you may be able to eliminate IRS tax debt through a chapter 13 bankruptcy. However, our chapter 13 bankruptcy attorneys will need to review and analyze the particular facts and circumstances of your chapter 13 bankruptcy case to see if you qualify for such a result.

Why STAMATAKIS + THALJI + BONANNO as my Chapter 13 Bankruptcy Attorney?

STAMATAKIS + THALJI + BONANNO is home to the 30 day bankruptcy. What this means is that once you pay your attorney fees our firm will work to prepare your final chapter 13 bankruptcy petition within 30 days. Unlike every other bankruptcy attorney, our chapter 13 bankruptcy program provides you direct access to your attorney. After your free initial consultation you will have the opportunity to meet face to face with your chapter 13 bankruptcy attorney two times before your chapter 13 bankruptcy is filed. Our chapter 13 bankruptcy clients get all of their questions answered and completely understand what is expected of them throughout the bankruptcy process. Our chapter 13 bankruptcy attorney provides the most competent, efficient, and client friendly bankruptcy services in Tampa Bay area.