Chapter 13 bankruptcy provides a means to pay back most or all of your debt by making structured payments over a three to five year period. In doing so, the debtor is often allowed to keep many unsecured assets, such as cars and real estate, which would not be granted under chapter 7 bankruptcy.
Many debts can be eliminated with chapter 13 bankruptcy, such as credit card debt. Some debts, such as student loans and owed taxes however, are not exempt. Trust the experienced bankruptcy attorney at Kuhlman Law Office, PLLC to fully explain what is and is not exempt, as well as the additional advantages of chapter 13 bankruptcy.
Trust Denise S. Kuhlman of Kuhlman Law Office, PLLC to examine your specific situation and determine if chapter 13 bankruptcy is right for you. Call today to schedule your consultation regarding chapter 13 bankruptcy in Kirkland, Washington.