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A Chapter 13 bankruptcy, unlike a Chapter 7 bankruptcy, does not provide a release of debt, but rather a restructuring of the debt in a manner which is considered manageable to repay the debt.

Many times the debt to be paid back may be less that currently owed through negotiation. In a Chapter 13 bankruptcy, a debtor proposes a repayment plan to the creditors, over a 3 to 5 year period, in a good faith proposal to pay off all or part of the debts from the debtor's future income.

A Chapter 13 bankruptcy can:

  • Prevent the foreclosure of a home;
  • Make up delinquent car or mortgage payments;
  • Pay back taxes;
  • Stop interest from accruing on your tax debt (local, Florida state, or federal);
  • Keep valuable property which is non-exempt in a bankruptcy;
  • And manage other financial situations which may be affected by a Chapter 13 bankruptcy proceeding;

Budgen Law has successfully assisted many Florida residents in Chapter 13 bankruptcy proceedings throughout the years. With offices in Orlando, Tampa, and Lake Worth, Florida, we have the resources to provide our professional Chapter 13 bankruptcy attorney (lawyer) legal services in Central Florida, East Florida, and West Florida.

Creditors often will work with debtors in a Chapter 13 bankruptcy, as Chapter 13 provides the opportunity to recover funds from you, as apposed to a Chapter 7 bankruptcy where the ability to recover the debt may be eliminated.

Those who are more likely to file for a Chapter 13 bankruptcy are individuals who seek to hold on to possessions such as a home, multiple vehicles, or other property or assets.

There may be many other Chapter 7 Bankruptcy issues that may have to be addressed, depending upon your unique circumstances and how the bankruptcy laws apply to your current situation.

Contact an experienced Chapter 7 Bankruptcy Attorney (lawyer) at the Budgen Law today to schedule a free and confidential legal consultation.

Call Us Now 407.481.2888

Orlando Chapter 13 Bankruptcy Lawyer, Todd Budgen provides experienced Chapter 13 Bankruptcy Attorney legal Services in Orlando, Longwood, Maitland, Orange County, Seminole County and the surrounding Central Florida areas.

640 East State Road 434,
Suite 3000
Longwood, FL 32750
Phone: 407.481.2888
Fax: 407.313.1119

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