Join us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss who you pay in a chapter 13 bankruptcy, and the details of what to expect from the process. In this podcast interview, Darin covers the following:
• In a Chapter 13 bankruptcy, every month the debtor is required to make payments to secure property they want to keep.
• When you pay the trustee and when you pay the lender in a bankruptcy.
• Two aspects that determine payment: what you must pay and what you can pay.
• What you must pay to secure items you want to keep like cars, furniture, etc.
• What you can pay is generally based on your expenses and your income.
• How we work together with you and the trustee to arrive at a reasonable payment.
• How a Chapter 13 bankruptcy allows debtors to regain control of their financial lives and to get a meaningful fresh start.
If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.
Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
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