Chapter 13 Bankruptcy

Chapter 13
Bankruptcy

A Chapter 13 Bankruptcy allows you to restructure your debts so that you can begin rebuilding your credit and regaining financial solvency.

If you are in foreclosure or behind on your mortgage or car payments and need time to catch up on the payments, you may wish to consider filing a Chapter 13 bankruptcy case as we can oftentimes STOP a Foreclosure!

Chapter 13 bankruptcy is designed to allow consumer debtors to repay only the amount of unsecured debt that they can reasonably afford to repay over a three to five year term. A Chapter 13 bankruptcy case may be appropriate if you do not qualify for Chapter 7 bankruptcy, or if you owe arrearages on a mortgage and would like to keep your home, or if you have a small business and need to restructure your business debt. Chapter 13 bankruptcy is not available to corporations or other business entities.

One important advantage of a Chapter 13 bankruptcy is that in some circumstances it is possible to “strip” a second mortgage or home equity line of credit if the value of your house has declined so that your home is worth less than you owe on your first mortgage. When a second lien is “stripped,” the lien is included as unsecured debt in your Chapter 13 case, so that if you make it through a three to five year repayment plan, the balance of your unsecured debt (including the “stripped” amount) is discharged.


e-Mail Vanessa Childs Map to Office

I am Bankruptcy Attorney Vanessa Childs. Every day I meet good people struggling financially. I have dedicated my law practice to helping people find solutions to tough situations. It is my mission to help clients facing a debt crisis to get control of their finances and start on a path to a financially secure future. It is a very rewarding experience to meet with a client who is facing the loss of their car, home, or their family’s life style as they currently know it because it all about to fall apart; to hear about the stress, anxiety, the loss of sleep, yet we are able to make a legal plan to immediately and drastically improve their situation.

When you visit me, I will likely be able to reduce your anxiety so that you will walk out of my office with real hope and you’ll be looking forward to a tangible and fresh start. It is my experience that anyone is but one job loss or one unexpected medical emergency away from the need for a bankruptcy attorney. Being in debt doesn’t make you a bad person. Good people can fall victim to bad circumstances. I am here to help.

Knowledge is Power and we will share our knowledge with you when you have us partner with you in stopping further damage and harassment from mortgage lenders, banks, and other creditors while getting your financial life back in order.

Call our office to schedule an appointment with attorney Vanessa Childs. Our offices are open 9 am – 5 pm, Monday through Friday, and our service can reach us if you have a pressing after-hours matter.

Call (702) 666-0408


e-Mail Vanessa Childs Map to Office
I am Bankruptcy Attorney Vanessa Childs. Every day I meet good people struggling financially. I have dedicated my law practice to helping people find solutions to tough situations. It is my mission to help clients facing a debt crisis to get control of their finances and start on a path to a financially secure future. It is a very rewarding experience to meet with a client who is facing the loss of their car, home, or their family's life style as they currently know it because it all about to fall apart; to hear about the stress, anxiety, the loss of sleep, yet we are able to make a legal plan to immediately and drastically improve their situation. When you visit me, I will likely be able to reduce your anxiety so that you will walk out of my office with real hope and you'll be looking forward to a tangible and fresh start. It is my experience that anyone is but one job loss or one unexpected medical emergency away from the need for a bankruptcy attorney. Being in debt doesn’t make you a bad person. Good people can fall victim to bad circumstances. I am here to help. Knowledge is Power and we will share our knowledge with you when you have us partner with you in stopping further damage and harassment from mortgage lenders, banks, and other creditors while getting your financial life back in order.
Call our office to schedule an appointment with attorney Vanessa Childs. Our offices are open 9 am – 5 pm, Monday through Friday, and our service can reach us if you have a pressing after-hours matter. Call (702) 666-0408