Filing for Chapter 13 With a Lawyer's Help
Chapter 13 bankruptcy is a type of debt reorganization where you agree to pay part of your income to the bankruptcy trustee, who will in turn pay your creditors. The court and your creditors must approve your repayment plan and your budget. Said another way, a trustee is appointed to collect payments from you, pay your creditors and make sure that you are living up to the terms of your repayment plan.
The first step in saving your home and reorganizing your personal finances through Chapter 13 bankruptcy is to contact our law office. At that time, attorney Ryan J. Ruehle can provide an overview of the bankruptcy process, helping you understand your options and take appropriate legal action.
Experienced Attorney for Chapter 13 Bankruptcy Solutions
As an experienced attorney, Ryan J. Ruehle, helps people throughout Ohio and Northern Kentucky obtain the bankruptcy solutions they need to move forward. Ryan will personally help you examine your budget and determine the amount of disposable income you have available to pay your creditors after taking care of you and your family's needs.
Additional steps include document gathering and analysis. With all the documentation in place and advocacy from your lawyer, the bankruptcy court then approves that plan.
Working together with your lawyer on a budget that is court approved, past due payments on homes and vehicles can be paid off over time. People filing for Chapter 13 debt reorganization are usually in their repayment plan between three to five years. This gives them the time necessary to catch up on their mortgage, taxes, auto loans, etc. and achieve personal freedom from debt.
For more information on bankruptcy, please see our Bankruptcy Information Center.
Saving Your Home by Filing for Chapter 13
Chapter 13 bankruptcy allows homeowners with regular income to save their home from foreclosure by spreading out past-due mortgage payments over three to five years. Contact us by calling (513) 777-0880 (Ohio) or (859) 331-7867 (Kentucky) or by simply completing our online contact form to learn more.
We are a debt relief agency and help people file for relief under the Bankruptcy Code.
