How a Chapter 13 Bankruptcy Works - The Law Offices of Bryan Yaldou, PLLC | Unpaid Wages - Bankruptcy - Personal Injury

Counselor Journal

If you are considering filing for bankruptcy, you should understand how a Chapter 13 bankruptcy works, as well as the differences between a Chapter 13 bankruptcy and a Chapter 7 bankruptcy.

A Chapter 13 bankruptcy provides many clients with flexibility that a Chapter 7 bankruptcy cannot provide. For example, if you’re behind on a house or vehicle payment, Chapter 13 can stop a foreclosure or repossession and allow you to catch up your payments over a 3- to 5-year period.

When applying for bankruptcy, you may be ineligible for a Chapter 7 because your income is too high. You also could lose some of your assets. None of your property is taken in a Chapter 13, and you can pay down debts that can’t be wiped out in a Chapter 7, such as taxes, child support, and student loans.

The stress and anxiety that you may be dealing with can come to an end by filing for a Chapter 13 bankruptcy. After filing for bankruptcy, creditor harassment will halt, and you will no longer have to fear being sued or having your wages garnished.

Advantages of Chapter 13 Bankruptcy

By filing a Chapter 13 bankruptcy, you may be able to accomplish everything you had hoped to accomplish with a Chapter 7, but with some additional benefits:

  • Repayment of your consolidated debts over three, four, or five years (depending on your qualifications)
  • Avoiding foreclosure of your house and avoiding car repossession by getting caught up on your payments
  • Eliminating a second mortgage on a home if it is valued at less than the first mortgage
  • Wiping out interest and penalties on past-due taxes owed
  • No upfront attorney fees, as the court pays our fees

Schedule a Consultation with a Bankruptcy Attorney

At the Law Offices of Bryan Yaldou, our mission is to provide responsive, supportive legal services to clients throughout the Downriver area. Our Brownstown bankruptcy attorneys can help you determine whether bankruptcy is right for you and will walk you through each step of the process.

If you’re trying to find the best bankruptcy attorney for you, we encourage you to read more about why clients choose us. You may also contact us for a free consultation to determine if we’re the best fit for you.

"Very professional and personable. Would highly recommend to anyone needing legal services."

Carole Ann F.

I was a weepy mess when I first met with Mr. Yaldou, feeling quite overwhelmed, helpless and embarrassed at the thought of having to file for bankruptcy.

"Mr. Yaldou was comforting and reassuring, taking me under his wing much like a "big brother". He, Nick Chambers, Lisa Segur, and his entire legal staff, were never too busy to answer my questions and respond to my emails throughout the entire (successful) bankruptcy process. Everyone was absolutely wonderful!!! If you're looking for a knowledgeable, top-notch legal team, then I highly recommend Yaldou Law."

Rebecca D.

"Did great job on my case was very helpful and knowledgeable he knew what he was doing call back at two maybe three times and still very helpful after the case was finished."

Mark W.

Bryan is an excellent attorney!

"He has an extremely, professional, knowledgable manner and yet is kind and understanding. He puts you immediately at ease and you feel free to talk to him about all the deepest and most embarrassing things without feeling like he is judging you, in fact that he understands and empathizes with you. He is very through and explains every step of the process and what to expect - both good and possible bad which I really liked because I don't like a rosy picture painted for me when a potentially bad situation might arise. I would highly recommend him...in fact - do yourself a favor and just go straight to him and forget shopping around as you won't find a better champion than Bryan! By the way, I had never met Bryan, just saw his sign and decided to stop - the best decision I ever made!"

Julia D.

Bryan is so friendly and always available to answer any questions you may have.

"My case was handled efficiently and with ease. I appreciated always being informed and knowing what the next step would be. Overall, I’d absolutely recommend him to anyone in search of a quality attorney."

Nicole Marie A.

I recently had some legal work with Bryan and could not have been more pleased.

"Bryan is an excellent attorney. He has an extremely, professional, knowledgeable manner and yet is kind and understanding. He puts you immediately at ease and you feel free to talk to him about all the deepest and most embarrassing things without feeling like he is judging you, in fact that he understands and empathizes with you. He is very through and explains every step of the process and what to expect - both good and possible bad which I really liked because I don't like a rosy picture painted for me when a potentially bad situation might arise. I would highly recommend him...in fact - do yourself a favor and just go straight to him and forget shopping around as you won't find a better champion than Bryan! By the way, I had never met Bryan, just saw his sign and decided to stop - the best decision I ever made!"

Julia F.

"Bryan is very down to earth and very personable. I would not hesitate to enlist Bryan's help in the future should I need him."

Karen B.

Best Law Office In Town!!!!

"Bryan helped me with my bankruptcy. He was very nice, very helpful, and extremely professional. I was nervous about filing bankruptcy, as most people would be, but everything he said was true. It's been 4 years since I've filed and I have my own car and I own my own house now. My credit is better now than it was before the bankruptcy. I highly recommend this law office, not only are they great people to work with, they're very affordable too...you won't be disappointed!!!!!!"
Melissa M.

Very prompt and immediate answers! Very professional! Very friendly!

"My husband and I had went to this office after we had visited another office. Bryan is hands down the most helpful Lawyer we had worked with. Bryan will not only answers every question you have he makes sure you fully understand and by the time you leave you have no other questions and everything was answered with full detail. I have had to contact Bryan with other questions after our case and he was always quick at getting me whatever it was we needed. We will go to Bryan with every legal question we may have in the future!"
Michelle K.

The highest quality service that I have ever had.

"Bryan is always available when needed. If I needed to go to the office to speak to him or make a payment on short notice he's willing to take time to see you. Very good at explaining what will happen with your case. I would definitely recommend Bryan to anyone that asked me for an attorney."
Katherine Y.

"Bryan was excellent during my ordeal. He went out of his way to work around my long work hours. I would definitely recommend him."

Jen

Bryan handled my bankruptcy case and did a wonderful job.

"It turned out to be much more complicated than anticipated, however, he quickly managed all of the issues and was able to resolve my case as promised. Bryan kept me informed every step of the process and worked our meetings around my schedule."
Diana

Excellent, highly professional lawyer who truly care for his clients.

"Bryan is an excellent attorney. He has an extremely, professional, knowledgable manner and yet is kind and understanding. He puts you immediately at ease and you feel free to talk to him about all the deepest and most embarrassing things without feeling like he is judging you, in fact that he understands and empathizes with you. He is very through and explains every step of the process and what to expect - both good and possible bad which I really liked because I don't like a rosy picture painted for me when a potentially bad situation might arise. I would highly recommend him...in fact - do yourself a favor and just go straight to him and forget shopping around as you won't find a better champion than Bryan!"
Julia

"Attorney for life. He saved my home, organized all my debts into a manageable payment, eliminated a huge IRS debt, and it was all reasonably priced. He also cares, and that's hard to find. Thank you Bryan."

John B.

I highly recommend Bryan Yaldou and associates to help with your bankruptcy.

"I was out of work and on disability at the time that I filed for my bankruptcy...I filed it myself. I had garnishments that were taking 25% of my weekly paychecks. I couldn't afford to pay my bills, the garnishments, or hire an attorney. The trustee was wanting to garnish my paychecks to pay a large sum of money to a couple of the creditors. The whole reason for filing in the first place, was to stop the garnishments. When you live paycheck to paycheck, you can't afford anything more. Bryan and his associates saved me from losing everything. They lifted a huge weight off of my shoulders...I feel like I can finally breathe again. I'm so thankful and grateful for everything they have done on my behalf."
Michelle W.

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