Why is Chapter 13 Probably A Bad Idea?
If you're considering bankruptcy, you might be wondering if filing for Chapter 13 is a good idea. Unfortunately, there are several reasons why Chapter 13 is probably not the best option.
For one thing, Chapter 13 bankruptcy can be very expensive. You'll need to pay attorney's fees, as well as filing fees and other court costs. In addition, you'll have to make monthly payments to your trustee - and if you miss even one payment, your case could be dismissed.
Another downside of Chapter 13 is that it can take a long time to complete - often three to five years. That's a long time to live with the stress of knowing that your finances are in limbo.
Finally, Chapter 13 doesn't always discharge all of your debts.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our main goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706
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