Evans Law Group

CHAPTER 13 BANKRUPTCY

Reorganize Your Debt and Regain Control

Pay Off Your Debts in as Little as 3 Years. Consult with an Experienced Chapter 13 Bankruptcy Law Firm in Bossier City and Shreveport, LA. To schedule a no-cost, no-obligation consultation, contact the Evans Law Group at (318) 746-7467 to get started today!

What is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy, also known as a wage earner's plan, allows individuals with regular income to develop a plan to repay all or part of their debts. Under Chapter 13, debtors propose a repayment plan to make installments to creditors over three to five years. 

By federal Law, Chapter 13 Lets You:

  • Consolidate your bills
  • Keep your property
  • Stop creditor harassment
  • Stop garnishments
  • Stop foreclosures
  • Stop repossessions and seizures of property

Eligibility Criteria

Chapter 13 bankruptcy allows borrowers to consolidate their debts and pay them off over three to five years. 

This Debt Relief Option Can Be a Good Choice for Someone Who:

  • Has received a foreclosure notice
  • Is at risk of their assets being repossessed
  • Wants to avoid liquidating their assets to pay creditors

The Process

  • Initial Consultation: Call 318-746-7467 to set up a no-cost, no-obligation consultation with a Chapter 13 bankruptcy attorney.
  • Propose a Repayment Plan: Develop a plan to make installment payments to creditors over three to five years.
  • File for Chapter 13: Submit your repayment plan to the court for approval.
  • Repayment: Make regular payments according to your plan to pay off your debts.

Benefits of Filing

Chapter 13 offers individuals several advantages over Chapter 7 liquidation:

Save Your Home

Chapter 13 allows individuals to stop foreclosure proceedings and may cure delinquent mortgage payments over repayment.

Retain Your Vehicle

Stop repossession and pay for your vehicle through the Chapter 13 plan.

Stop Wage Garnishments

Prevent wage garnishments and property seizures.

Consolidate Debts

Combine your debts into a manageable repayment plan.

Interested in our services?

We’re here to help!

Whether you are just looking for more information or you are ready to retain our services, we are here to help! Schedule your free consultation today to get started on your journey to debt freedom!

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