Gainesville Bankruptcy Lawyer: Chapter 13 Bankruptcy
In addition to handling Chapter 7 bankruptcy, our firm handles Chapter 13 bankruptcy. Unlike a Chapter 7 debt liquidation bankruptcy that eliminates or reduces most forms of debt, a Chapter 13 bankruptcy is a debt repayment bankruptcy.
If retained to handle your bankruptcy case, we will submit a three or five year debt repayment plan to a bankruptcy court judge. If approved by the court, you will have three or five years to repay debts like home mortgage arrears and credit card debts.
The great thing about Chapter 13 bankruptcy is that your creditors must abide by order of the bankruptcy court. In addition, when you file for Chapter 13 bankruptcy, an automatic stay is created which prohibits most creditors from taking any further immediate collection activity, including wage garnishments and home foreclosure.
If you need a bankruptcy attorney, The Law Offices of Lawrence J. Marraffino can help. We a offer a free consultation at our office in Gainesville, Florida to discuss your questions about bankruptcy. Call 352-376-0102 or contact us online.
Experienced Representation and Personal Service
People who retain our firm benefit from the experience of attorney Lawrence J. Marraffino. Mr. Marraffino has more than 25 years of legal experience. He works closely with each client to provide caring and compassionate service and accessibility. He takes time to listen to clients, answer their questions, explain the process of bankruptcy, and keep clients informed throughout the duration of their case.
Keep Your Assets - Avoid Home Foreclosure
One of the key benefits of Chapter 13 bankruptcy is that it allows you to keep your assets. Since Chapter 7 bankruptcy results in a liquidation of certain assets, a Chapter 13 bankruptcy may be better for you if you have significant assets. At your free consultation, we will discuss which form of bankruptcy is better for you and your individual circumstances. Visit our frequently asked questions to learn more about Chapter 7 and Chapter 13 bankruptcy.
Contact Us
If you need to speak with an experienced bankruptcy lawyer, contact the Law Offices of Lawrence J. Marraffino in Gainesville, Florida.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
