Norwalk Chapter 13 Bankruptcy Attorney

Debt Reorganization under the U.S. Bankruptcy Code

Chapter 13 Bankruptcy information Norwalk, Connecticut

Most bankruptcy filers prefer to file Chapter 7 bankruptcy because it is quicker and results in discharge of most or all debt. However, there are times when Chapter 13 is the appropriate form of bankruptcy, such as:

  • When assets and/or income are too high to qualify a debtor for Chapter 7
  • When larger amounts of home equity are part of a debtor's asset portfolio, and the debtor has a goal of keeping the house
  • In some cases, when just a wife or a husband wishes to file bankruptcy without the other spouse taking part
  • When there are large amounts of nonexempt debts to deal with such as student loans or child support arrearages
  • When time is less important to the debtor than making a good-faith effort to repay what he or she is able

Speak with an Experienced Bankruptcy Attorney

Questions about bankruptcy? Get answers now. When you choose our law office, you work directly with an experienced bankruptcy attorney, not a paralegal or staff memeber. For more information directly from an experienced bankruptcy attorney, or to get started with our easy payment plan, call 203-326-1229 or contact us online.

With the help of an experienced bankruptcy lawyer at Edward W. Vioni, Attorney at Law, LLC, you can determine whether you qualify for Chapter 7 bankruptcy. If not, you may decide that Chapter 13 bankruptcy is the best solution in your case. Chapter 13 bankruptcy requires a solid commitment to stick to a repayment plan over a three- to five-year period. It takes much longer to get to the other side than in the case of a Chapter 7 bankruptcy. However, there are many benefits when it is the right remedy for you.

Remember that Chapter 13 bankruptcy offers mortgage holders, even those with high home equity levels, the opportunity to stave off foreclosure through the automatic stay. Some debtors then use the three- to five-year period to make viable plans for the future without the pressure of the threat of foreclosure.

Contact Our Connecticut Law Offices

When you retain our services, you get dedicated, aggressive and cost-effective representation. Bankruptcy and foreclosure defense case studies are available upon request. Call us today to schedule a free consultation with a Norwalk bankruptcy and debt reorganization lawyer at 203-326-1229.

Payment Plans Available

We understand that when you are facing financial difficulties, it can be hard to come up with the entire fee for filing bankruptcy all at once. We have easy payment plans available to help you be able to afford the immediate relief you deserve. For more information about getting started with our easy payment plan, call 203-326-1229 or contact us online.