The Law Offices of Dennis R. Wheeler
Chapter 13 Bankruptcy is more commonly known as "wage earner's bankruptcy" or "consumer reorganization" bankruptcy. This type of bankruptcy covers areas different from Chapter 7 Bankruptcy, and unlike Chapter 7 it does not involved the liquidation of non-exempt assets. Rather, this chapter requires a consumer to use his/her future income to repay as much of their bankruptcy as possible with a plan of three to five years. A bankruptcy court would be supervising their plan and the debt which remains alongside the plan completion is subject to discharge. This type of bankruptcy is good for people who are working with a regular income and is able to pay portions of their debts.
Closer: The Law Offices of Dennis R. Wheeler is a San Francisco, California, law firm focused on handling cases involving bankruptcy. The firm is a top contender in the field of Chapter 7 & 13 bankruptcy with their head attorney's expertise in the practice area. Mr. Dennis Wheeler can assist his clients in determining whether bankruptcy is the right choice for you, and which chapter under the Bankruptcy code would provide the most relief.
