Your Sacramento Bankruptcy Attorney is introducing a special to assist people who need help filing Chapter 13 bankruptcy in Sacramento but cannot come up with a large payment to get started. For persons that qualify for this program a Sacramento Chapter 13 bankruptcy can be filed with as little as $500.oo up front, the balance of the attorney fees will be paid through the plan over the life of the Chapter 13.
Filing Chapter 13 bankruptcy Sacramento may save your home from foreclosure. Chapter 13 is for people with income that need to have some time to repay their debts. The Typical Chapter 13 plans are from three to five years long. Some debtors are able to completely eliminate their second mortgage and third mortgage and home equity lines of credit on their homes. Also some are able to reduce the amount paid on their automobiles to the current value as well as reducing the interest rate at the same time.
Chapter 13 has limitations, first the debtor must have a source of income sufficient to fund the Chapter 13 plan. The total debts cannot exceed the limits for secured and unsecured debts. The current debt limits are $1,081,400 secured and $360,475 unsecured debt.
How can someone find out if they qualify to file Chapter 13 bankruptcy Sacramento? The best way to find out is to call the Law Office of Peter Cianchetta to schedule your free consultation. Peter will personally meet with you and review your situation to see if you qualify and if Chapter 13 bankruptcy is best for you. If you will be better off filing Chapter 7 bankruptcy of not filing bankruptcy at all, Peter will tell you. The Law Office is not looking to crank out as many bankruptcy petitions as possible, they are here to serve you with the best legal advice available. Call today for your appointment with your attorney.