Phoenix Chapter 13 Bankruptcy Attorney - Phoenix Fresh Start Bankruptcy Attorneys

1. PHOENIX CHAPTER 13 BANKRUPTCY ATTORNEY What is Chapter 13 ? Sometimes called a “wage earners” bankruptcy, Phoenix Chapter 13 Bankruptcy is a way for debtors with regular income to reorganize their finances. In Phoenix Chapter 13 Bankruptcy, you’ll work with your creditors and the Bankruptcy Trustee to create a payment plan lasting 3 to 5 years. At the end of the plan, your remaining unsecured debts will be discharged. Most filers end up paying pennies on the dollar for their unsecured debts. Phoenix Chapter 13 Bankruptcy addresses both secured and unsecured debts. You may choose whether you want to continue making payments on your secured debts, such as mortgage and auto loans, or surrender the property. The unpaid portion of your unsecured debts, such as credit card and medical bills, will be discharged at the end of your plan. S O U R C E : P H O E N I X F R E S H S T A R T B A N K R U P T C Y . C O M