LAW OFFICES OF ALON DARVISH

Los Angeles Bankruptcy Attorney

Chapter 13 Bankruptcy - Reorganization and Debt Discharge

Chapter 13 is a procedure for individuals with a regular source of income to reorganize their debt while under the protection of the Bankruptcy Court. Unlike Chapter 7, it does not involve the potential liquidation of your property by a bankruptcy trustee. Chapter 13 is often used is stop a mortgage foreclosure and propose a plan to catch mortgage payments up-to-date. During the first phase of a Chapter 13 plan (typically the first 4 years), the mortgage is caught up-to-date. During the second phase of the plan (typically another l year), you pay your mortgage payments directly to the mortgage company and continue with monthly payments to the Chapter 13 Trustee in an amount sufficient to pay a dividend to your unsecured creditors. The payments under a Chapter l3 plan are made to the Chapter 13 Trustee.

Chapter 13 is also often by individuals who do not have mortgage problems, but who have credit card, loan, medical bill, etc. problems. In such cases, a Chapter 13 Plan is often proposed with monthly payments over 3 or 5 years sufficient to pay a dividend to unsecured creditors

Law Offices of Alon Darvish

9454 Wilshire Boulevard, Penthouse Floor

Beverly Hills, California 90212

Telephone: (310)205-5529

Telephone: (800)890-7780

Facsimile: (310)496-0171

Email: Info@BankruptcyLALaw.com

Website: www.BankruptcyLALaw.com

Attorney, Alon Darvish, Represents Clients Bankruptcy Throughout Southern California: Anaheim, Apple Valley, Arcadia, Azusa, Bakersfield, Barstow, Beverly Hills, Burbank, Chino, City of Industry, Claremont, Claremont, Costa Mesa, Covina, Culver City, Dog Beach, Downey, El Segundo, Encino, Fresno, Garden Grove, Gardena, Glendale, Glendora, Hawthorne, Hermosa Beach, Hesperia, Highland, Hollywood, Huntington Beach, Inland Empire, Irvine, La Quinta, Laguna Hills, Long Beach, Los Angeles, Malibu Beach, Manhattan Beach, Marina del Rey, Mission Hills, Modesto, Monterey Park, Newport Beach, Northridge, Orange County, Pacific Beach, Pacific Palisades, Palm Springs, Palmdale, Pasadena, Playa del Rey, Pomona, Rancho Cucamonga, Rancho Mirage, Redding, Redondo Beach, Reseda, Riverside, Salinas, San Bernardino, Santa Ana, Santa Barbara, Santa Clarita, Santa Monica, Santa Rosa, Sherman Oaks, Studio City, Sun City, Sunset Beach, Tarzana, Temecula, Temple City, Topanga, Torrance, Universal City, Valley Village, Van Nuys, Venice Beach, Ventura, Victorville, West L.A., Whittier, Woodland Hills, Yuba City Bankruptcy Attorney Los Angeles, Bankruptcy Lawyer Los Angeles, los angeles bankruptcy attorney, chapter 7, chapter 13 bankruptcy, bankruptcy attorney los angeles, bankruptcy lawyer, bankruptcy attorneys, bankruptcy lawyer los angeles.