Chapter 13 Bankruptcy in Saint Petersburg, Florida
Reorganizing your Chapter 13 debts into a workable payment plan
Chapter 13 bankruptcy is a structured payment plan which allows you to pay off your debts over a three- to five-year period. The bankruptcy court will typically permit you to pay your creditors significantly less than the full amount that you owed. In a Chapter 13 bankruptcy, our Saint Petersburg bankruptcy lawyers work on your behalf to create a repayment plan at a fraction of the cost of your original debts.
Advantages of Chapter 13 personal bankruptcy
If you have sufficient disposable income to qualify, a Chapter 13 has many advantages:
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The Law Office of Cox & Sanchez advises you of your options, and helps you determine whether a Chapter 13 bankruptcy is best for you.
Chapter 11 bankruptcy
Businesses that cannot pay their debts often use Chapter 11 bankruptcy to get a break from their creditors while reorganizing their finances. Filing Chapter 11 allows you to keep your business running while you work to solve your credit problems. If you run a small business, Chapter 7 bankruptcy may be more appropriate for you, since your personal assets and those of the business are closely intermingled.
Work with the experienced bankruptcy lawyers of Cox & Sanchez
Cox & Sanchez advise you whether you situation is better served by filing the following:
- Chapter 7 bankruptcy
- Chapter 13 bankruptcy
- Chapter 11 bankruptcy
Our bankruptcy law firm in Saint Petersburg give you confidence in your ability to make a full financial recovery. For a free phone consultation about your options including Chapter 13 bankruptcy, contact The Law Office of Cox & Sanchez by calling 1-727-869-2691 today.
