Chapter 13

Chapter 13 is a debt reorganization plan designed to help individuals who have fallen behind on their secured payment such as a mortgage or a car loan and need some additional time to catch up since the creditor wants all of the arrears and fees immediately in a lump sum. Chapter 13 may also be appropriate for individuals who are not eligible for a Chapter 7 bankruptcy. For a period of three (3) to five (5) years, you will make monthly payments to a Chapter 13 Trustee to pay back some or all of your debt, depending on your assets and/or income.

Following our first consultation, Ciccarelli Law, PC will gather the necessary information to develop a plan on your behalf. The Bankruptcy Court requires your filing to contain a complete listing of all of your assets, debts, income and expenses. There are allowable exemptions to protect all types of real and personal property. We will review them together during our meeting. You are also required now by the Bankruptcy Reform Act of 2005 to get a credit counseling screening before filing from an agency that has been approved by the office of the United States Trustee and a debtor education course prior to being granted a discharge.

At Ciccarelli Law, PC, we develop a reorganization plan that works for you and changes with you and your life circumstances for the duration of the plan.We apply forward-thinking ideas and solutions to the most challenging legal issues you face, and approach each case with passion and commitment. From the first steps of the litigation process and right through to the end, we’ll handle everything you need to be in your best shape at trial. We know how complicated litigation can be. From pleadings, affidavits, examinations, motions, mediation, undertakings, refusals, pretrial, and finally, trial.