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.
According to the College Board, the average student debt balance in 2017 was $26,900 for graduates of public four-year schools and $32,600 for graduates of private nonprofit four-year schools. With the cost of tuition only rising, and more students h… Read More
After filing for bankruptcy, your main concern is likely rebuilding your credit score and getting your financial life back on track. While at the Jones Law Firm, we suggest you monitor your credit score closely, you may wonder if there are actions yo… Read More