Chapter 13 Bankruptcy Attorney | Chapter 13 Debt Relief Information.

David Casey, Attorney

365 Broadway, Suite 203

El Cajon, California

(619) 447-6780

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

At the Law Office of David A. Casey, you will receive personal service. If you have just been through a divorce and you are in need debt relief using Chapter 13, you want u professional legal representation. Filing for Bankruptcy is a major and important decision that will affect you financially. Attorney Casey provides you with the time necessary to ensure that the bankruptcy process is done properly.

Attorney Casey's philosophy is to treat every client with respect as we would expect to be treated if there was a change of events that affected our lives. The purpose of bankruptcy is to seek relief from your financial hardship, stop foreclosures, and put a stop to unreasonable harassing creditors pursuant to the bankruptcy laws. For many Chapter 13 Bankruptcy is usual legal procedure to get you back on track. After a divorce just about everything might be upside down and a bankruptcy chapter payment plan may be best option you have. Many times on unsecured debt you may only have to pay a small amount instead of the entire debt. and if you complete the plan the remainder is discharge.

For most Chapter 13 Bankruptcy filings, you only have to pay the filing fees upfront in most cases. Attorney fees are set at the court presumed rate unless otherwise indicated, and fees are paid out of the Chapter 13 plan. We are here to make this as easy as possible.

In the last year, bankruptcy filings have increased 30%. The primary reason for filing personal bankruptcy is an unforeseen financial down turn, loss of savings and unable to borrow funds at a reasonable rate. Many have over time had medical expenses, excessive credit card debt, loss of employment, death of a family member and divorce.

California - Chapter 13 Bankruptcy Information

Many times you will hear Chapter 13 as a repayment plan or a wage earner plan. Under a Chapter 13 bankruptcy, the debtor proposes a 3-5 year repayment plan to the creditors offering to pay off all or part of the debts from the debtor's future income. After reviewing all the facts you provide I will tell you what is right for you.

Chapter 13 can be used to prevent a house foreclosure; make up missed or late trust or or mortgage payments; to stop or lower interest from accruing on you tax debt; and pay back taxes; (local, California state taxes, or the IRS federal). You can also keep non-exempt property which you would have been required to liquidate under a Chapter 7 but won't have to under Chapter 13. If you finish the plan and make the payments under the terms of your repayment agreement, all your remaining dischargeable debt will be released at the end of the plan (typically three to five years). How much will you have to pay under a Chapter 13? The amount to be repaid is determined by different legal factors including the debtor's disposable income. Also the minimum total amount paid to creditors under the Chapter 13 plan must be at least the amount that the debtor would have paid the creditors. Under Chapter 13 bankruptcy protection you must have a "regular source of income" and this regular source of income must have some disposable income in order to make payments under the payment plan.

Chapter 13 bankruptcy is generally used mainly by debtors who have substantial debts and are behind and also have secured assets and want to keep them. This can be a home, car, equipment where the debtor has more equity in the secured assets than is allowed under bankruptcy exemptions. Chapter 13 bankruptcy is a chance to reorganization your debt whereas a Chapterr7 bankruptcy is a liquidation of all but exempt assets.

Under Chapter 13 bankruptcy you are allowed to make up overdue payments over time and to reinstate the original agreement. You can keep valuable nonexempt property under a Chapter 13 plan. In many cases Chapter 13 can be a better option than a seven. However if you want to eliminate your heavy debt burden and don't want to make payments for 3-5 years then Chapter 7 is the way to go if you meet the means test.

No-Obligation Consultation. Get your Bankruptcy Consultation today.

(619) 447-6780

Take The First Step to Getting

Your Debt Relief Started!

Call Today!

Under the federal law before work commences, you are required to sign release forms before we can begin the process on your personal bankruptcy case. However, I do not charge for a consultation. I also do not require a retainer (attorney fees) until I have reviewed your entire situation to see if you qualify for Chapter 7. If you don't qualify for Chapter 7, it does not mean that bankruptcy can't work for you. Chapter 13 can also give you great results. Your case will be thoroughly examined including your assets, debts, expenditures, and exemptions in order to put you in the best legal and financial position after bankruptcy.

Contact David A. Casey today to discuss Chapter 13 bankruptcy. We promptly return all inquiries (phone or e-mail), I am here to help you now.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

(Note: This web site is for general information on bankruptcy - there is no inference that the Law Office of David Casey represents you in any way until a retainer and fee agreement is signed by you and attorney). Any documents drafted without coming into the law office or via the internet is considered in "Pro Per" and is solely based on your representation of of the information you provide. Attorney Casey has been practicing Family Law since 1989 and has assisted individuals, couples and businesses with their bankruptcy needs.

Consumer Bankruptcy Attorney, EL Cajon, California

Bankruptcy Attorney

David A. Casey- Attorney

Let the Bankruptcy Laws Work For You.

Stop Creditors! Call immediately!

Call For Debt Relief Today!

Over the past few years, bankruptcy filings in the United States have increased nearly thirty percent. Unfortunately, with the events of the down turn in the economy, there are more filings for relief every day. Despite changes to bankruptcy laws, bankruptcy still remains a useful tool for preserving assets while eliminating bad debts. Our Bankruptcy clients understand that just like trusts or other estate planning tools, bankruptcy is a legal right that is available to help you you. Bankruptcy may be the most powerful way to protect your family’s financial health and to STOP CREDITORS harassing you and your family. Too many lives and especially marriages are hurt due to unresolved financial matters. The Law Office of David A. Casey wants to help you and your family eliminate overwhelming financial stress and enable you to get the fresh start you need in order to flourish and to enjoy life again. Depending on your situation, a Chapter 7 or Chapter 13 bankruptcy filing may bring the relief you have been seeking.

Let the Bankruptcy laws work for you!

Stop Creditor's calls immediately through Bankruptcy!

Stop or Delay Foreclosures!

Chapter 13 and Chapter 7 Bankruptcy

can get you a fresh start and

relieve the stress of your financial problems.

Call today for a Free Phone Consultation!

YOU ARE NOT ALONE IN FILING BANKRUPTCY

More debtors had to file bankruptcy in the wake of unemployment, large medical bills and the overall problems with the economy.

►Consumer bankruptcy filings are on the rise. There were 266,767 bankruptcy filings in the second quarter of 2008 as compared to 236,891 filings in the first quarter of 2008. The 2009 the Bankruptcy rate will be much higher.

►It was estimated that in 2008 there were more than 1.1 million consumers who sought the protection of the Bankruptcy courts. Chapter 7 accounted for 64.37% percent. Chapter 7 and 13 will be even higher this year.

Consumer Bankruptcy Attorney, EL Cajon, California

Call Attorney, David A. Casey, Esq.

(619) 447-6780

Take The First Step to Getting

Your Debt Relief Started!

Call Today!

Buying a home or getting a new credit card after bankruptcy?

YOU MAY HAVE HEARD HORROR STORIES FROM CREDITORS if you file bankruptcy you will not be able to get credit or you will not be able to buy a home.

The credit card company or home lender must determine whether or not to lend to a person after filing bankruptcy. What the banks consider when determining your risk status is your current status. As for a home, the most important factor that they will consider is your current debt to income ratio, in other words, how much outstanding debt you have relative to your income coming in. If you are thinking about bankruptcy most likely you have a very high outstanding loans or high consumer accounts and probably would not qualify for a loan. They want to make sure your mortgage payment no greater than 30% of your gross monthly income. So let’s put this in perspective, right now, calculate how much income compared to your monthly debt payments.

After filing bankruptcy you have no outstanding debt and cannot file for another eight years. In fact, you look like a much better candidate for credit card companies after filing bankruptcy. You even have the money to pay the credit card amount each month without any interest charges.

Thinking about buying a home after Chapter 7 bankruptcy? Studies indicate that around 90% of individuals after filing bankruptcy receive solicitation from a lender actually indicating that they knew they had filed bankruptcy. So remember, credit is your ability to borrow money, and that may actually improve after filing bankruptcy. Certainly it will improve if you can put money aside to pay your bills, on time, after the bankruptcy and probably to put some money into a savings account. Bankruptcy is a right granted under the federal law to protect and to help people like you.

Common Questions and Answers About Bankruptcy - Click here