Call The Bankruptcy Law Firm for a FREE Consultation –
If you are serious about shedding your debt and regaining control of your
finances, then do not wait another moment to speak with our
Oakland bankruptcy lawyers. At The Bankruptcy Law Firm, we have helped lead and guide countless consumer
debtors through the process of Chapter 13 bankruptcy. We have the skill,
experience, and knowledge to do the same for you.
Few things can make a person feel more alone and isolated than having to
struggle with the burden of mounting debt. We understand that taking a
leap out into the unknown can feel incredibly overwhelming, but know that
you are not alone in this process. Millions of Americans just like you have found permanent debt relief
by filing for Chapter 13 bankruptcy protection!
We Have Been Named Among America's Top 50 Consumer Bankruptcy Attorneys
Your choice in legal representation at this time could make a significant
difference in the final outcome of your case. You will want to make certain
that your attorney possesses the credentials and qualifications needed
to properly discharge your debts once and for all.
Just some of our accomplishments include:
Named in America's Top 50 Consumer Bankruptcy Attorneys
Named in Top 100 Firms by the Debt Education and Certification Foundation (DECAF)
Attorney Kostopoulos holds a real estate broker's license
Attorney Kostopoulos is a Certified Consumer Bankruptcy Specialist by the
American Board of Certification
Former President of the Hellenic Bar Association
Member of the State Bar of California
Member of the State Bar of Michigan
At such a paramount moment in your life, you deserve – and should
demand – world-class legal advocacy. The Bankruptcy Law Firm has
been recognized, acknowledged, and awarded for demonstrating our professional
abilities, ethical practices, and legal accomplishments.
About Chapter 13 and Why it May Be the Right Choice for You
A Chapter 13 bankruptcy is also known as the "
debt consolidation form of bankruptcy" because it enables individuals
with a regular income to develop a realistic plan to repay all or a portion
of their debts,
in many cases for pennies on the dollar and with 0% interest. Under Chapter
13, the debtor proposes a repayment plan to make installments to creditors
over three to five years.
Advantages to Chapter 13 include:
Individuals looking to maintain their home can avoid or prevent foreclosure.
Individuals can get caught up on any overdue mortgage payments while staying
current with their obligations included in their repayment plan.
Individuals can restructure the repayment of their debts to a new schedule,
which may help lower payments over time.
Chapter 13 can help protect third parties who share liability (such as
During the repayment plan, the law forbids creditors from starting or continuing
any type of collection efforts, which can be reassuring for debtors who
have been harassed by creditors for any length of time.
Chapter 13 Repayment Plans
When you file for Chapter 13, you are required to create a repayment plan
that shows how you will be able to repay your debts to creditors.
Some factors that affect your monthly repayment plan include:
Amount of your debts. You must include all of your priority debts, unsecured debts, secured
debts, and any back payments for your home or car if you are keeping the property.
How much disposable income you have. For most people, their monthly payments will be their disposable income.
The length of your payment plan. Plans range from three to five years, and the length of time depends on
if your current monthly income is higher than the median for your household
size in your state. If higher, your plan may last five years. If lower,
your plan may be three years.
After your repayment plan is complete, you may be able to discharge your
remaining balance, allowing you to move forward with your life debt-free.
Review Your Claim with a Certified Expert – Call Us Today
Is bankruptcy right for you? We are ready to help you determine which bankruptcy option or debt-relief
alternative best suits your current needs and future goals. We have the
knowledge, tools and experience to evaluate your situation and help you
come up with a plan that can help resolve your debt-related problems for
good. With our help, you can be on the road to financial recovery!
We can provide the professional guidance you're searching for - 510-270-2782. Call now to speak with us confidentially or fill out a
case evaluation form to get started.
We proudly represent clients in Oakland, Alameda, Albany, Fremont, Berkeley,
Concord, Hayward, San Francisco, San Leandro, San Francisco, Stockton,
and all throughout the San Francisco Bay Area , Contra Costa and