Chapter 13 bankruptcy

Some people do not qualify to file Chapter 7 bankruptcy but qualify for Chapter 13 instead. Chapter 13 is the type of bankruptcy that involves debt consolidation. It is reserved for people who have enough disposable future income to pay some of their debts back. In the case of Chapter 13 bankruptcy, your “disposable income” will be paid in one lump sum to cover your debts over the next three to five years. After that period of time, no matter how much of your debts you’ve actually paid, your debts are wiped clean.

Our attorneys  and the team at Skrupa Law Office are extremely effective at getting all sorts of daily expenses classified as “non-disposable” income, meaning you won’t have to give them up as part of a bankruptcy agreement. Sometimes people who owe $50,000 in house payments and face foreclosure only end up paying $7000 over three years, at which point they get a fresh new start. Sometimes people who have debt defaults on car payments only have to pay blue book value of their car, not what they actually owe.

The important thing to remember is that filing for bankruptcy immediately stops all creditor harassment, creditor phone calls, lawsuits and wage garnishments. Very few people have to give up their possessions as a result of bankruptcy. Bankruptcy can STOP repossessions from happening!

Skrupa Law Office COVID19 Response. Click Here:

In an effort to stop the spread of the COVID19 we at Skrupa Law Office are abiding by the rules set by the CDC. We are requesting that clients, as well as those seeking our services, do the following:
Please call our office at 402-571-2900 where our attorneys can and will take consultations over the phone.

We are not accepting office visitors at this time.

Our aim is to provide a safe working environment for our employees as well as our clients.
PLEASE CALL OUR OFFICE AT 402-571-2900 WHERE OUR ATTORNEYS AND STAFF ARE AVAILABLE AND READY TO ASSIST YOU IN YOUR DEBT RELIEF NEEDS.
Thank you for your understanding.
Skrupa Law office, LLC