There are different types of bankruptcy that consumers can file in the United States, including both Chapter 7 and Chapter 13 cases. While Chapter 7 is the most common type of bankruptcy filed by consumers, this type of case is not right for everyone.
Sometimes, the most appropriate course of action is to file for bankruptcy under Chapter 13 of the U.S. Bankruptcy Code. You should not wait to discuss your options with an experienced Chapter 13 bankruptcy attorney at The VanNoy Firm.
Chapter 7 bankruptcy is a faster process that does not require you to follow a payment plan. However, Chapter 13 might still be the best option for you under certain circumstances, such as:
Have an experienced attorney evaluate your situation and advise you of which type of bankruptcy case is right for you.
Chapter 13 is often called the reorganization bankruptcy because when you file, the bankruptcy trustee reorganizes and prioritizes your debts. Then, the trustee will determine a monthly payment amount that is reasonable based on your income and expenses. You agree to follow this repayment plan for three or five years, depending on your income.
Instead of making numerous payments to all of your creditors, you will make one payment to the court. The bankruptcy trustee will allocate the funds in order of priority. When you successfully complete your repayment plan, the court can discharge your remaining qualified debts.
A Chapter 13 repayment plan can include mortgage arrears, which allows you to catch up on past-due payments in a manageable manner. When you file, an automatic stay goes into effect, which halts all collection activity, including foreclosure. This gives you the opportunity to negotiate with your mortgage lender to find another option that allows you to keep your home when possible. This is only one benefit of the Chapter 13 process.
Chapter 13 is a complex process, and you want to make sure that you have a successful outcome. This means that you should have the right legal representation right from the start. Our attorneys can:
As your case proceeds, we’ll be here to represent you every step of the way.
When you need relief from complicated debts, you should discuss a possible case with a Chapter 13 bankruptcy attorney at The VanNoy Firm. Please contact us for a consultation today.
Our premier Dayton attorneys work diligently to defend our clients’ rights with aggressive and individualized legal representation.
I’m about in tears as I type this review!! I have NEVER experienced a law firm such as this!! They really do treat you like family and it means oh so much to me. Especially during this trying time!! They came to my job and bought me a ele’ cupcake and a birthday card!!! What law firm does that????? I probably can’t thank them enough but I will recommend this company!! They truly care about what you go through and are with you EVERY step of the way!! Thank you to the VanNoy firm and thank you Lord for truly…
I feel morally obligated to write this testimonial. The VanNoy firm is the ideal; personable, professional, and simply brilliant group of committed individuals. They really came through for me in a scary time of my life. I couldn't have asked better representation or experience than what they provided. Wholeheartedly, thank you very much for all of your work.
The VanNoy firm was excellent, trustworthy, and reliable. Anthony VanNoy is smart, dependable!
Anthony was superb. I gave him a list of things I wanted out of my trial and he delivered.
I truly want to take the time to say what an amazing person Attorney VanNoy is. My son was going through a terrible battle with his son's mother, and truly Anthony took care of him like he was his own son. It does the heart good to see that there are such caring good people in this world. He made my son whole again happy again and most important he got him his son!!! I will never be able to explain what he has done for my family. Attorney VanNoy truly cares about his clients and the well-being of them.…
Such an amazing attorney! He worked very hard on my husbands case.
Can’t say enough good things about Mr VanNoy. Highly recommend.
The VanNoy attorneys successfully represented me when I felt lost in a frightening system. The VanNoy support staff were helpful and responsive as well, obviously caring that the case was handled professionally and quickly. I knew I made the correct choice for an attorney with the first meeting. Mr VanNoy thoughtfully guided me through an emotional process, and I feel blessed to have worked with him. Thank you.
“My family and I believe that God led us to your firm for you to do just what you did—and that is, settle the case in a fair and an appropriate manner. THANK YOU. Throughout our meetings, you demonstrated a calm and confident demeanor, extensive knowledge of the law as it related to the case, and the mental armor needed to acquire a favorable outcome. You also provided invaluable information and wisdom. Last, but certainly not least, we appreciate your top-notch staff. They made us feel comfortable on the phone and in person.” Marion
Anthony, Lynn and everyone I've dealt with so far at this firm have been wonderful. They have tried to make a really difficult time in my life a little easier on me and my son. I would definitely recommend them to anyone needing a great lawyer.
Make a consultation with our expert team to solve your problems.
Fill out the form below to schedule a consultation.