Thinking About Chapter 13

“Reorganization Bankruptcy”

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy is a type of Bankruptcy that provides relief for individuals who make too much money to qualify for Chapter 7 Bankruptcy. Known as “Reorganization Bankruptcy,” it is a powerful tool that enables individuals to protect their property and reorganize their debt, paying as much as their budget allows instead of trying to keep up with each creditor‘s minimum monthly payments.

Once a Chapter 13 Bankruptcy petition is filed, the U.S. Bankruptcy Court will issue an “Automatic Stay,” an injunction that prevents creditors from taking certain actions to collect debts. As long as the Automatic Stay is in effect, creditors generally cannot initiate or continue lawsuits, make threatening telephone calls, garnish wages, or try to sell your home by incorporating your past–due mortgage payments into the debt to be repaid. You will also be allowed to restructure secured debts so that you can repay them over the course of your plan.

Trusts, Corporations, and Partnerships cannot file Chapter 13; only an individual can file a Chapter 7 Bankruptcy. Saunders & Associates has been practicing law for 32 years, vigorously representing you.

Chapter 13 Bankruptcy Timeline

Once you meet the trustee’s requirements, the court will confirm your Plan. After you make all Plan payments and meet other requirements in the Bankruptcy Code, you will be granted a discharge, wiping out any remaining balances of debt that were not required to be paid.

Our clients are our focus and we are committed to leveraging our combined knowledge and experience to exceed their expectations. Let us help you every step of the way.

If you are wondering what makes Saunders & Associates different, the answer is you. Saunders & Associates is an excellent partner and guiding light for your business and legal needs.

Requirements For Filing Chapter 13 Bankruptcy

At a minimum, you must provide our office with the following information:

A detailed list of all assets, debts and monthly living expenses
Copy of driver license and Social security card
Credit reports (Experian, TransUnion, Equifax) within 30-days of filing
Most recent mortgage statement (if homeowner
2 months of all bank statement (all pages)
Signed and dated Federal tax returns (most recent year)
6 months of the most recent paystubs
Certification that you completed credit counseling


The Process To Getting Started

Review Your Case

Whether you are an individual or business owner. We have a legal strategy and solution that will resolve your matter.

Execute Fee Agreement

Submit all requested documents and Fee Agreement to establish attorney-client relationship.

Vigorously Represent You

Once you become a client, we will vigorously fight for you, to negotiate your desired outcome.

Best Efforts Resolution

Once desired outcome is achieved, supporting documents will be emailed to you. The benefit of having the right law firm on your side.


Get In Touch

Foreclosure Form LP 02 (#8)

Our Clients Say

Sara M
- Foreclosure Client

Very helpful from the beginning. They answered all my questions and were great at helping me save my home from foreclosure. I highly recommend this law firm.

Michael A
- Litigation

I was in need of an experienced attorney who knows litigation. I was very happy with the service and the results. I was notified about the each step and what was happening. The client portal is a great tool to be able to access and upload.

S. Landsbrook
- Foreclosure

Had to separate legal issues to deal with. First, the foreclosure I was going through was resolved after trying other companies, no one could help. After that was resolved I had a living trust which needed to be created. Everything went smooth.

Nathan Skaggs
- Litigation

I contacted Saunders & Associates and asked them about some personal matters I was dealing with. They helped me promptly. I am so glad I reached out.

C. Teitelbaum
- Foreclosure

The Saunders group not only saved my home and got me a low interest long term modification, they saved me $200,000 in the process. They are the pinnacle at what they do, and they do what they say!