prepared for your toughest leagal challenges

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy Lawyers In Canton, Ohio

Can I Keep My House If I File Bankruptcy?

Filing Chapter 13 bankruptcy gives you the ability to stop home foreclosure and repay your mortgage arrearage over a period of five years.

− Attorneys Jonathan Morris and Ivan Redinger, Canton, Ohio

Chapter 13 bankruptcy is a debt reorganization and repayment plan for individuals that enables you to repay some or all of your debts over a period of three to five years. There are several reasons why you may choose to file Chapter 13 bankruptcy:

  • Your net income may be too high to file Chapter 7 bankruptcy.
  • You may have assets that would not be protected by filing Chapter 7 bankruptcy.
  • You may have debts such as past-due child support that can be put in a Chapter 13 repayment plan.

At the law firm of Redinger & Morris, our lawyers offer a free initial consultation at our Canton, Ohio, law office to discuss your financial situation.

How Chapter 13 Bankruptcy Works

By filing Chapter 13 bankruptcy, you enter into a payment plan with the court. You will generally be required to pay your secured debts in full, such as your home. However, the court will often approve a plan that requires you to only pay a small percentage of unsecured debts such as credit card bills and hospital bills. At the end of the payment period, your unsecured debts will be discharged.

The percentage of unsecured debts that you will be required to pay will depend on a number of factors, including how much income you have left over after paying your necessary monthly living expenses such as food, clothing, mortgage and car insurance.

Questions about Chapter 13 bankruptcy? Contact the lawyers at Redinger & Morris in Canton, Ohio, for a consultation. There is no cost unless you decide to hire us.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Practice Area

Contact Us