Chapter 13 Bankruptcy in Milwaukee
Living with debt can be stressful and overwhelming. When you are consistently unable to keep up with payments on bills, credit cards, auto loans, mortgages, and more, you may find yourself in debt and unable to get out of it. Interest charges and fees add up month after month, making it even more difficult to pay back what you owe. Fortunately, filing for bankruptcy in Chapter 13 can help. Bankruptcy is a tool you can use to help get your finances back under control on your terms. An experienced attorney can help you get the most out of your bankruptcy and ensure the maximum amount is discharged from your debts.
At Buss Law Offices in Milwaukee, we are committed to helping you get the most out of your bankruptcy. Filing on your own can be complicated and lead to even more stress. Let our attorneys handle your bankruptcy case so you can get back on the road to financial freedom.
What is Chapter 13 Bankruptcy?
A Chapter 13 bankruptcy involves the restructuring and repayment of your debts, rather than the liquidation of your assets. This is a chapter usually best suited for those who have consistent, reliable income and valuable assets. If you have assets that you want to save from liquidation, such as a home or property, consider filing in Chapter 13.
Your bankruptcy attorney can help determine which of your debts are eligible for discharge, and which will be restructured into your repayment plan. The repayment plan usually lasts between 3 and 5 years and requires a set monthly payment.
It is important to note that not all debts are eligible for discharge, including:
- Student loans
- Child support
- Alimony
The attorneys at Buss Law Offices in Milwaukee can help determine your eligibility to file in Chapter 13 and walk you through the legal process step by step.
Contact a Chapter 13 Bankruptcy Attorney in Milwaukee Today
If you are struggling against insurmountable debt and have valuable assets you need to keep, consider filing for bankruptcy in Chapter 13. Your local Milwaukee bankruptcy attorneys at Buss Law Offices can help. Call today for a consultation and get the most out of your Chapter 13 bankruptcy.