CHAPTER 13 BANKRUPTCY ATTORNEYS
IN NASHVILLE, TN

Chapter 13 bankruptcy is a process through which consumers can save their secured property from foreclosure or repossession and repay some or all of their unsecured debts over 3 to 5 years. During this time they are protected from collection attempts by their creditors. There are numerous benefits to file a Chapter 13 instead of a Chapter 7 bankruptcy including the possibility of the release of some taxes on money owed to the IRS or to repay them without all the interest. 

Generally, the repayment plan of a Chapter 13 bankruptcy is arranged so that a payroll deduction automatically takes the payment directly from the client’s paycheck, and the Chapter 13 Trustee makes a monthly disbursement to all creditors in his or her case. Another option available is to set up an automatic draft from the client’s bank account to facilitate a simple stress-free payment.

One does not need to be employed to file Chapter 13, just receive steady income (i.e., SSI, unemployment, rent from tenants, etc.). The attorney’s fees for a Chapter 13 bankruptcy are included in the debtor's payment plan, and the petition can often be filed with a small payment up front.

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