• Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.

How Chapter 13 Bankruptcy Works

In 2017, nearly 800,000 Americans filed bankruptcy. There two main types of bankruptcy for individuals: Chapter 7 and Chapter 13. Since many people have income that is too high to qualify for Chapter 7 bankruptcy, more and more people are seeking out Chapter 13 bankruptcy to help solve their debt problems.

Chapter 13 Repayment Plan

The crux of a Chapter 13 bankruptcy is the Chapter 13 repayment plan. The repayment plan outlines how you will pay your priority and secured debts, making fixed payments to the bankruptcy trustee biweekly or monthly. The amount of the plan payment is based on a calculation of your disposable income. In other words, the bankruptcy court will expect you to repay as much of the debt as you can afford to. A typical Chapter 13 plan lasts 60 months.

Completing Chapter 13 Bankruptcy

It is imperative that you make all of your Chapter 13 payments on time. If you default on your Chapter 13 payments, the court will dismiss your case if the default is not cured. If the court dismisses your case without discharging your debt you will be on your own again with all of your creditors. It critical to make timely payments and to keep your Stockton California bankruptcy attorney and bankruptcy trustee apprised of any changes in your situation. Keep in mind that during this period you aren’t paying your unsecured debt such as credit card or medical debt, and upon successful completion of the Chapter 13 plan, this debt will be discharged and remove your legal obligation to pay for it.




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