(https://www.youtube.com/watch?v=OjE3TGEChrk) - Chapter 13 bankruptcies, often called "wage-earners bankruptcy", provide a person with a way to achieve a new start, but require the filer to pay off some of their outstanding debts. Under the terms of Chapter 13 bankruptcy your unsecured debts are combined into one category and a Payment plan is developed based on cancellations of your disposable income. You will still have enough of your income to pay your living expenses; such as those expenses will be used to pay off your unsecured creditors over a 3 to 5 year period.
Thank you for this great information. Do you happen to know of a good law firm to help with chapter 13 bankruptcy located in Arizona?
http://www.mcdonaldawaz.com
Posted by: Kosal Da | 01/10/2013 at 06:54 PM