Repay Your Debts Interested in a Wage Earner’s Plan to Make Installments to Creditors Over 3-5 Years?

Chapter 13 Bankruptcy Lawyer

The Benefits of the “Wage Earner’s Bankruptcy”

Chapter 13 bankruptcies allow debtors to keep their assets during their bankruptcy. In a Chapter 13, the filer’s debts are consolidated into a single agreement with creditors. Each creditor settles to receive a certain portion of the debt, and all your debt is paid through a single monthly payment. Your payment will be handled by a court-appointed trustee, and how much you pay will be determined by your disposable monthly income. Many people are apprehensive when it comes to considering bankruptcy, but it is important to remember that it is nothing to be ashamed of. Bankruptcy is merely a tool – not a status symbol, and using it properly is a smart decision. At The Law Offices of Joseph M. Tosti, APC, our clients receive valued counsel from a knowledgeable lawyer.

The Key to a Debt-Free Future may be chapter 13 bankruptcy. Request an Evaluation Today

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We Make a Difference in
the Lives of Our Clients

Accessible Our clients work directly with our attorney. They are not passed off to an inexperienced staff member.
Experienced For more than 30 years, we have been committed to helping people find solutions to obtain debt relief.
Successful We have used our skill and experience to bring thousands of cases to successful conclusions.
Recommended Clients recommend us because we exceed expectations, every time.
Dedicated We will devote our time and energy toward the positive resolution of your case.
Passionate We are passionate about your case and genuinely care about your success.

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The Client Experience

Hear Directly From Our Financially Secure Clients

“Very satisfied with the outcome and the timeframe those results were reached. Thank you guys for being awesome.”
-Jason B.
“His staff is amazing as well!”
-Candace S.
“I highly recommend him! Thank you to you and your team!”
-Nicole L.

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We Can Help You Ascend to New Heights

Advantages of Chapter 13 Bankruptcy

Receive Mortgage Modifications
Reduce Car Payments
Save Your Home From Foreclosure
Protect Non-Exempt Property
Prevent Repossession of Your Vehicle
Discharge Your Debts

You Have Questions, We Have Answers

How Long Does a Chapter 13 Take?
Chapter 13 bankruptcies last about 3 to 5 years. The bankruptcy process closes once the terms of your repayment plan have been reached, at which point your remaining debt is discharged and you can start rebuilding your credit and financial standing. Chapter 13 bankruptcies last the longest but offer a consistent plan. For wage earners, it is ideal.
What Happens to my Mortgage or Car?
You have two options: one, you can return your property to the creditor. Whatever debt is left will be considered unsecured and a portion of it will be included in your repayment plan. Option two is to keep your property, but offer a deal to only pay back its replacement value. This only works if your property is worth less than what you still owe on it.
How Long Does Bankruptcy Stay on my Credit Report?
Chapter 13 bankruptcies stay on your credit for 7 years—which is how long late payments last. Ultimately, if you’re in a deep financial hole, you’re going to take a credit penalty either way. The only way to control the process is to choose how you receive the credit penalty. Chapter 13 offers far more benefits than drawbacks—we recommend investigating.

The Law Offices of Joseph M. Tosti, APC

If you are drowning in debt, turn to The Law Offices of Joseph M. Tosti, APC. With more than three decades of experience and thousands of cases under our belts, you can be confident that we are the right choice. Unlike other bankruptcy law firms, we genuinely care about the financial futures of our clients. As such, we will make it our mission to ensure the bankruptcy filing process is as simple and painless as possible. Our lead attorney will personally handle each legal aspect of your case and offer you the trusted financial guidance that you need in order to secure a debt-free future. If you are looking to obtain financial freedom, reach out to us today. We would be proud to help you navigate the complexities ahead.

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