Can I keep my house or car if I am behind on the payments?
Yes. You could file a Chapter 13 bankruptcy and catch up on all of the delinquent payments over three to five years. However, in some cases, repossession may occur if you do not file for bankruptcy in a timely manner.
Michael Ryan Jones
Michael Ryan Jones is committed to assisting individuals facing financial distress. He has helped hundreds of clients achieve a financial fresh start by filing either Chapter 7 or Chapter 13 bankruptcy. When you hire The Jones Law Firm, you can be assured that Michael will personally assist you every step of the way.
College debts. Car payments. Rent. Utilities and grocery bills. Starting a family. Taking care of parents. It’s no wonder that many Millennial Americans are wondering: “Am I too young to file for bankruptcy?” When we consider that the average 2… Read More
We know for many contemplating a bankruptcy filing, the implications it may have on their retirement accounts are a major concern. While we’ve addressed the basics of retirement and bankruptcy on our blog, today we wanted to take a deeper dive into… Read More