Coachella Valley Bankruptcy
Timothy S. Huyck, Attorney at Law
A Chapter 13 bankruptcy is a repayment plan that usually lasts for five years, but in some circumstances, only three years. Chapter 13 bankruptcies are inevitably complex and some attorneys try to avoid them. Since a Chapter 13 bankruptcy typically lasts for five years, there are lots of opportunities for things to go wrong. For this reason, a very high percentage of Chapter 13 cases get dismissed or converted to Chapter 7. Even if a Chapter 13 is never completed, it can still be a valuable tool to help you navigate your way back to financial health.