{"id":3983,"date":"2023-09-17T00:04:51","date_gmt":"2023-09-17T07:04:51","guid":{"rendered":"https:\/\/provencherandflatt.com\/?page_id=3983"},"modified":"2023-10-12T21:44:37","modified_gmt":"2023-10-13T04:44:37","slug":"chapter-13","status":"publish","type":"page","link":"https:\/\/provencherandflatt.com\/chapter-13\/","title":{"rendered":"Santa Rosa, CA, Chapter 13 Attorney"},"content":{"rendered":"
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Understand Chapter 13 bankruptcy with the help of a skilled lawyer<\/b><\/div>\n<\/h2>\n
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If you’re dealing with financial difficulties in Santa Rosa, CA, Chapter 13 bankruptcy could offer a way to regain control of your financial future<\/a>. However, bankruptcy law can be complex, which might overwhelm an average person. That’s why seeking guidance from an experienced Santa Rosa, CA, Chapter 13 attorney is vital to help you navigate this intricate process successfully.<\/p>\n

Embolden Law PC aims to provide you with a clear understanding of Chapter 13, including what it encompasses and doesn’t cover. To assist you further, our knowledgeable firm has compiled comprehensive information about Chapter 13 here for your convenience. In this article, we’ll simplify Chapter 13 bankruptcy, delve into its key aspects, and stress the importance of partnering with our lawyer to secure a fresh financial start.<\/p>\n

What is Chapter 13 Bankruptcy?<\/b><\/h2>\n

Chapter 13 bankruptcy, or the “wage earner’s plan,” offers a debt restructuring solution that permits individuals to repay their debts gradually within three to five years. The specific duration depends on their income and overall financial circumstances.<\/p>\n

In contrast to Chapter 7 bankruptcy<\/a>, which entails selling off assets to satisfy creditors, Chapter 13 prioritizes the development of an achievable repayment strategy while safeguarding your assets. This approach is advantageous for individuals with steady incomes who aim to shield their properties and possessions from the risk of being liquidated.<\/p>\n

Who Can Be Eligible for Chapter 13 Bankruptcy?<\/b><\/h2>\n

Chapter 13 bankruptcy benefits those struggling financially in Santa Rosa, CA, but not everyone qualifies. Several prerequisites must be met:<\/p>\n