New Haven Chapter 13 Bankruptcy Attorney

New Haven Chapter 13 Bankruptcy Lawyer

If you’ve gotten behind on some high-interest payments, like your mortgage, due to a temporary stall in income, you may be looking for a way out of debt or to stop foreclosure on your home. Chapter 13 bankruptcy may be an option, especially if your income has been restored, which is why Chapter 13 is known as the “wage earner’s plan.” Talking to Attorney Tim Pletter, a New Haven Chapter 13 bankruptcy attorney, will let you know if Chapter 13 is the right plan for you.

Speak to Attorney Tim Pletter, a Chapter 13 Bankruptcy Attorney, to Help You Get Out of Debt

The Law Office of Ambrogio, Pletter & Associates, LLC, and Attorney Tim Pletter are in the business of helping people and families in need of financial relief. We understand how hard it can be to go without income for any length of time when you live paycheck to paycheck. We want to help you get through this hard time, and we will get you through your Chapter 13 bankruptcy case. Chapter 13 bankruptcy is a great foundational tool for improving your life.

We can assist you in the filing of court documents at the United States Bankruptcy Court for the District of Connecticut at the New Haven divisional office. This office is located in the Connecticut Financial Center at 157 Church Street on the 18th Floor, in New Haven.

Regain Control of Your Finances

In a Chapter 13 bankruptcy, Attorney Tim Pletter, a New Haven Chapter 13 bankruptcy lawyer, will provide crucial advice and resources to support you as you file a three- to five-year plan to get out of debt. Chapter 13 allows you to create a payment plan for your mortgage payments in arrears and additional debts.

If you’re thinking about filing Chapter 13 bankruptcy to stop a foreclosure on your home, it’s an ideal tool to help you regain financial control. Learning about what options you have is important in helping you gain freedom. Being trapped by creditors and debt collectors is no way to live. Chapter 13 will allow you to have a financial fresh start.

Primary Benefits of a Chapter 13 Bankruptcy

The overall appeal of a Chapter 13 bankruptcy is to reset your finances to a positive position. Filing for Chapter 13 offers additional benefits. The most impactful benefits include:

• It will stop the repossession of your vehicle and allow to pay for your car
• All harassment from creditors must stop, so you will get no more creditor phone calls when under the protection of bankruptcy.
• It will immediately stop the foreclosure of your home loan and allow you to reinstate the mortgage in Chapter 13 plan.
• The amount of unsecured debt you owe will decrease if you cannot afford to pay back 100% over 5 years.
• Wage garnishments will stop.
• You will get help with the IRS, your tax debt, and any levied sewer taxes imposed by the Greater New Haven Water Pollution Control Authority.
• Judgment liens on your home or judgments against you that were the result of a debt to a creditor may be avoided or discharged, if you qualify.

How to Start a New Haven Chapter 13 Bankruptcy

First, speak to Attorney Tim Pletter, who is well-versed in Chapter 13 bankruptcy laws. Once you determine it is the right step to take, Attorney Tim Pletter will walk you through your Chapter 13 bankruptcy case.

Why Choose Us?

Attorney Tim Pletter has helped thousands of families save their homes since 1995. He is compassionate and non-judgmental, which is not something every attorney can say. The level of experience and understanding of Connecticut bankruptcy that our firm provides is unmatched in our competition. We will help you get through your Chapter 13 bankruptcy from start to finish.

FAQs About New Haven, CT Chapter 13 Bankruptcy Laws

How to Stop a Wage Garnishment in New Haven?

You can stop wage garnishments in New Haven by filing for Chapter 13 bankruptcy. When you have filed for bankruptcy, your wages are protected and will not be garnished. Wage garnishment stops under the protection of Chapter 13 bankruptcy because you are making payments to pay back your debt, and the companies you owe are getting paid. There is also an automatic stay that prevents creditors from garnishing your wages or doing a bank execution.

What Is a Typical Chapter 13 Payment Plan?

A Chapter 13 payment plan is typically a three- to five-year plan that requires the party in bankruptcy to make one monthly payment over the course of the plan timeline. The amount of the payment is different in every case. The payment an individual or couple is asked to make is a set amount that is determined based on the amount of debt, other expenses, and the amount of income the paying party has.

What Would Disqualify Me from Chapter 13 in New Haven, CT?

Reasons that would disqualify you from Chapter 13 in New Haven, CT include not having a regular income to accommodate a steady payment plan or failure to file tax returns in the previous four years. Other reasons include failure to complete the required credit counseling, or if your debt is just too high. Consult with our Chapter 13 bankruptcy law firm to find out if you are eligible.

What Not to Do Before Chapter 13 Bankruptcy?

Before filing Chapter 13 bankruptcy, you should not take out new loans, run up credit cards, or get any cash advances. This can be viewed as bad-faith behavior, which could mark them as non-dischargeable debts. You should also not empty your retirement account to pay off your bills. In most cases, these funds are protected. Do not hide financial information or assets, make any large or luxurious purchases, or forget to do the mandatory credit counseling classes.

Connect With Attorney Tim Pletter, an Effective New Haven Chapter 13 Bankruptcy Attorney

If you are ready to take back control of your finances and get out of high debt and/or a looming foreclosure, the Law Office of Ambrogio, Pletter & Associates, LLC, is ready to help you. We will take a look at your financial situation and assist you in making a plan to restore your financial health. Contacting our office and scheduling an appointment is the first step to rerouting your financial journey.