Gleason & Gleason | Chicago Chapter 13 Bankruptcy
Chapter 13 bankruptcy is also known as a reorganization bankruptcy. Chapter 13 bankruptcy is filed by indivuduals who want to pay off their debts over a period of three to five years.
A chapter 13 can be filed if you are behind on your mortgage or car loan, and want to make up the missed payments over time and reinstate the original agreement.
A chapter 13 can be filed for individuals who make too much to qualify for chapter 7 or are ineligible for chapter 7 because of a previous filing.
As chapter 13 is a 3 to five years case it is more expensive than chapter 7. However most of the attorney fees can be included in the repayment plan. We can give you a quote over the phone.