Jacksonville Chapter 13 Bankruptcy Solutions for a Fresh Start
Seek a Fresh Start with Help from The Law Office of David C. Meltzer, PLLC
When you are facing overwhelming debt, the last thing you want to do is nothing at all. Many people mistakenly believe that bankruptcy is only for people who have made a lot of mistakes with their money. However, the fact is that even people who have simply fallen behind on their bills due to unfortunate circumstances may qualify for bankruptcy relief.
At The Law Office of David C. Meltzer, PLLC, we can help you determine if filing for bankruptcy is right for you. Chapter 13 bankruptcy is designed for individuals who have a regular income but too much debt to file for Chapter 7. If you are interested in filing for Chapter 13 bankruptcy, it is important that you speak to an experienced attorney to determine eligibility as soon as possible.
Call (904) 418-7454 today or contact us online to schedule an appointment with our Chapter 13 bankruptcy lawyer in Jacksonville. We serve clients in Nassau, Duval, St. John, Clay, Baker, Marion, Flagler, and Putnam counties.
Understanding Chapter 13 Bankruptcy: A Path to Debt Relief
Chapter 13 bankruptcy is also known as wage earner's bankruptcy. This type of bankruptcy is designed to allow individuals to reorganize their debts under the protection of the bankruptcy court. The court will then require the debtor to make monthly payments to a bankruptcy trustee. The amount of the payment will be determined by the debtor's disposable income, which is the amount of income that is left after legally required payments are made. These payments will be used to pay off the debts over a three to five-year period.
Chapter 13 bankruptcy is ideal for individuals who:
- Want to keep their property and stop foreclosure
- Earn too much to pass the means test to qualify for Chapter 7
- Have the means to pay off tax debt, car payments, their mortgage, and other debts over time
- Need to stop creditor harassment and collection calls
- Want to stop wage garnishment
Guidance. Experience. Compassion.
Reviews & Testimonials
Hear what clients are saying about The Law Office of David C. Meltzer, PLLC
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Provided Excellent Feedback and Accurate Expectations
“I truly enjoyed his services and would highly recommend the Law Office of David C. Meltzer, PLLC.”- Troy M.
The Law Office of David C. Meltzer, PLLC Is The Right Choice to a Fresh Start
Learn More About Bankruptcy & Foreclosure
Frequently Asked Questions
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Bankruptcy is legal process in which a debtor seeks an order of relief from the bankruptcy court. In Layman’s’ terms when someone files bankruptcy, they are asking the court for legal protection from their creditors. This legal protection could be a discharge of debts they are unable to pay or it could be additional time to repay a secured debt. Debtors who pass the means test or do not have a regular source of income are eligible for a discharge under chapter 7 of the bankruptcy code. A discharge is a federal court order that prevents creditors from attempting to collect on a debt. Individuals and Corporations can both file chapter 7 bankruptcy, however only individual debtors can receive a discharge. The most significant issues that arise in chapter 7 bankruptcy cases are the loss of property and the possibility of the court denying your discharge. Very few debtors are denied a discharge by the bankruptcy court.
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A discharge is typically entered toward the end of a bankruptcy case and is an order signed by a Federal Judge. This order states that the person who filed bankruptcy no longer has any obligation to pay certain debts that were included in the bankruptcy.
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Almost all debts are dischargeable. Student loans, most taxes, and Domestic Support Obligations cannot be discharged. As a general rule all other kinds of debts are dischargeable.
