Practice Areas

Washington DC Chapter 13 Bankruptcy Attorneys

It is disheartening how fast overdue bills can get out of hand and jeopardize your financial standing. Once one bill is paid late, it seems to have a cascading effect on the rest of the bills. Soon, you are defaulting on your home mortgage loan and receive a home foreclosure notice. At Vail A. Kaufman, P.A., our attorneys help clients catch up on overdue bills and get their financial life back together through Chapter 13 bankruptcy.

While Chapter 13 bankruptcy is not an appropriate option for everyone, it is an appealing bankruptcy option for certain debtors. Chapter 13 bankruptcy offers what many debtors need the most - time. Past due bills, overdue mortgage payments, defaulted loan obligations and other debt is consolidated into a repayment plan which can be paid off over a period of 3-5 years.

Rather than trying to keep up on current payments and manage outstanding debt, the debtor has the opportunity to maintain current finances while making one manageable payment each month to a bankruptcy trustee who will disburse payments to creditors. By doing so, they will not be forced into foreclosure and will be capable of keeping all other property (unless they choose to relinquish the property).

Filing for consumer bankruptcy is an overwhelming decision. The bankruptcy lawyers at our firm recognize that you would not be in our office unless you needed help. We offer experienced, informative and understanding legal counsel, without passing judgment. We provide you with the opportunity to reclaim control over your finances and your future. Contact  Chapter 13 bankruptcy attorney Vail Kaufman for a free consultation.