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Daytona Beach Bankruptcy - Chapter 13

Chapter 13:

For individuals or couples who have a steady, stable income, a Chapter 13 Bankruptcy can be a very powerful tool. Under this chapter of the Bankruptcy Code, an experienced Daytona Beach Bankruptcy attorney at Mara & Mara may be able to help you:

Chapter 13 is also known as a wage earner plan. Debtors pay back a portion of their debts over a period of between three to five years. They use that time to catch up on late house payments, car, truck, motorcycle, or boat payments, and unpaid Florida state property taxes and federal income or payroll taxes.

After the successful completion of all payments in the Chapter 13 Plan, all your remaining unsecured debt is wiped out as in a Chapter 7 Bankruptcy. You own your car, truck, motorcycle, or boat free and clear of all liens, you have no more arrearages on your home mortgage, and you are deemed current.

Please schedule a free consultation to determine whether a Chapter 13 Bankruptcy or other option is a right fit for your unique situation. Our Daytona Beach Bankruptcy attorneys have helped people just like you save their property in Daytona Beach, Ormond Beach, Holly Hill, Daytona Beach Shores, South Daytona, New Smyrna Beach, Port Orange, Edgewater, Deland, Deltona, Palm Coast, Bunnell, St. Augustine, and several other cities and counties across central Florida.

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