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File WI Chapter 13 Bankruptcy

Chapter 13 bankruptcy is sometimes referred to as “debt reorganization.” It allows a person to:

    • Repay secured debts, which are typically large ticket items
    • Repay through an interest free plan that reduces total debt
    • Repay over a three to five year period
    • Discharge remaining debts
    • Enjoy a fresh financial start.

For some people, including those who make too much money to file a Ch. 7 bankruptcy, Chapter 13 can prove to be a helpful option for debt relief.

Timeline of a Chapter 13 Bankruptcy

    • Chapter 13 bankruptcy begins when Chad and Mike file your petition for relief with the bankruptcy court. The court will enter an Automatic Stay order prohibiting most of your creditors from taking or continuing any collection or legal action against you. The harassing letters and phone calls must stop once your case is filed.
    • The court will mail notice of the bankruptcy to all of your creditors, assign a bankruptcy trustee to your case and set a date for your hearing. At the hearing, the trustee will ask you a series of yes or no questions about the papers that were filed with the court.
    • You must make your first Chapter 13 plan payment within 30 days of filing the case. Chad and Mike will explain how you do this and give you the mailing address.
    • Thirty to forty five days after your case is filed, you will attend the meeting of creditors. The court-appointed trustee will preside over this meeting. You will be asked to testify under oath as to the accuracy of the statements in your petition. However, most of your creditors will not appear at the meeting, and you will not be before a judge. The meeting is very informal, and in most cases will last no more than five or ten minutes. Your attorney will attend this meeting with you.
    • The court will then confirm your Chapter 13 plan. The plan is an agreement between you and your creditors that you will make payments for a period of three to five years and in exchange, your unsecured creditors agree to forgive a portion of the debt.
    • You will then receive your bankruptcy discharge. However, you must complete a financial management course before the court will give you the discharge. Mike and Chad can refer to an approved financial management class.

Chapter 13 Bankruptcy Protections

Learn more about how bankruptcy can protect the things that are most important to you, such as a car or family home.  Restore your financial health through the Chapter 13 bankruptcy process. The attorneys at Debt Advisors can help make this process as quick and painless as possible. We provide honest answers, solid advice, direction, and a free quote over the phone.  All you have to do is fill out the form on this page to make an appointment for a free initial consultation.  When you talk to a  bankruptcy attorney from Debt Advisors, you can  discuss your issues with us in person.

If you are faced with overwhelming amounts of debt, Chapter 13 may be the right solution for you.

Qualify for Chapter 13 Bankruptcy

In order for a person to qualify for Chapter 13,  that person must have a regular source of income and have enough money to pay for basic living expenses while meeting the requirements of the Ch. 13 repayment plan. If you meet these requirements, you may begin the bankruptcy process, which will enter an automatic stay order that prevents creditors from continuing any collections against you, including letters, phone calls and legal actions.

Interest Free Repayment Plan

Your Chapter 13 interest-free repayment plan is an agreement between you and your creditors. In exchange for making these payments over a three to five year period, a portion of your debt will actually be forgiven by your creditors. This means that you will often end up paying less back to your creditors than what you had originally owed them. Our bankruptcy law firm helps you every step of the way to create this plan.  We notify all of your creditors, refer you to an approved financial management class and guide you through all other aspects of the process in an efficient and effective manner.

WHAT CHAPTER 13 BANKRUPTCY LOOKS LIKE FOR YOU

At Debt Advisors Law Offices, We are a debt relief agency. We can help you find immediate relief from the financial woes that are such a burden on your life.

From harassing creditor calls and letters, to a pending home foreclosure or vehicle repossession and wage garnishments; we help you find debt relief through the Wisconsin bankruptcy process. If Ch. 13 Debt Reorganization Bankruptcy is the right solution to provide debt relief for you and your family, we can even provide a free quote over the phone during your free consult. Our goal is to  work with together to develop a payment plan that is right for you and your individual situation.

Contact us at one of our (7) Wisconsin locations  by completing the form “Start Right Now” on this page or by calling toll free at 888-222-5615.

 

Reviews by Google Users

  • review rating 5  The team at debt advisors are best. They help me with all my financial issues. Everything it took for me to get through my situation they were there from beginning to the end. I would recommend them to anyone that's in a financial situation. Give them a call

    thumb Demetrick Fleming
  • review rating 5  I have used Chad and Jeremy for the past several years and both attorneys has been hands on with helping me resolve and realign many of my financial issue. Debt Advisors has helped my stress level of finances to settle in a more comfortable place. I would highly recommend Debt Advisors to anyone that may have made bad financial choose or found themselves in a place of hardship. Thanks Debt Advisors

    thumb Debbie Matthews
  • review rating 5  As a customer I was very glad with the level of service I received. I was both nervous and ashamed that I was going through the process of filing. My attorney was nonjudgmental, professional, and very knowledgeable. I had lots of questions and he patiently answered each of them helping me feel more confident in my decision making. I was unable to pay all fees up front and was happy to learn that there was a payment option where payments were deducted from my account until paid in full. Upon my final payment the process ran quickly and smoothly. I always felt like my best interest was at the forefront front the filing process, followup phone calls, reminder phones calls, the court date and discharge. I called the offices 3 years after filing and still, they were welcoming, supportive and informative even though I am not a current customer. This was the first step to me reestablishing myself as a conscious borrower and consumer.

    thumb Ashley Vtine
  • review rating 5  Both Cad and Michael were fantastic!!! They were dedicated and very helpful during my entire bankruptcy. Every step was explained as well as any question that I had (even if I asked three or four times) got answered. I would recommend this team to anyone that needs to swallow their pride and file bankruptcy.

    thumb Andrew Ossowski
  • review rating 5  Both Cad and Michael were fantastic!!! They were dedicated and very helpful during my entire bankruptcy. Every step was explained as well as any question that I had (even if I asked three or four times) got answered. I would recommend this team to anyone that needs to swallow their pride and file bankruptcy.

    thumb Andrew Ossowski
  • review rating 5  My husband and I hired Debt Advisors to help with our bankruptcy back in 2010. They made it simple and easy then. Now 10 years later we needed information regarding our bankruptcy and they still make things simple and easy. I have and will recommend Debt Advisors to anyone that needs help. Thank you to Debt Advisors for helping my family plan for the future.

    thumb Carrie Kilbey
  • review rating 5  Even one year later Debt Advisors continue to help by making it easy to access archived information. This experience with this service and it's staff has been stress free from day one. I recommend this team if you want thorough and excellent service like old times.

    thumb Reynell Jones
  • review rating 5  My experience with debt advisors law office was an excellent experience. Chad and his partner we're very knowledgeable and their staff was very helpful through my whole process. As We Know this type of experience bankruptcy can be very trying and stressful however Chad and his staff made it a lot easier on me and I felt they did a wonderful job. I would recommend to anyone.

    thumb Sandy Herfel
  • review rating 5  A few years ago I found myself drowning in debt, after doing some research I decided I would get some help in dealing with that debt, so I reached out to Debt Advisors Law Offices. I was scared, nervous, and embarrassed that I had gotten to this point but after my first meeting with Debt Advisors I knew I was making the right decision. They made me feel comfortable and confident in my decision to move forward. The best part was it was all on my time, I felt no pressure from them which was amazing. They were always available to answer my questions and help me through the process. A couple years after my case closed, I reached out to get some information and within that same day they responded to me and remembered me! Truly a wonderful firm to work with!

    thumb Weston Jones
  • review rating 5  Best place to relieve your debt. Debt Advisors offers a seamless process which is both worry and stress free. Flexible payment options and quick turn-around. The staff is very knowledgeable and goes above and beyond to deliver satisfaction!....Hands down Debt Advisors is the BEST!

    thumb Nina Ross

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