{"id":293,"date":"2021-07-31T14:20:01","date_gmt":"2021-07-31T21:20:01","guid":{"rendered":"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/?p=293"},"modified":"2023-08-01T09:31:15","modified_gmt":"2023-08-01T13:31:15","slug":"12-reasons-for-filing-a-chapter-13-bankruptcy","status":"publish","type":"post","link":"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/12-reasons-for-filing-a-chapter-13-bankruptcy\/","title":{"rendered":"12 Reasons For Filing a Chapter 13 Bankruptcy"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-76 alignleft\" src=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/wp-content\/uploads\/2021\/05\/debt-300x300.jpg\" alt=\"Reasons For Filing a Chapter 13 Bankruptcy\" width=\"300\" height=\"300\" srcset=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/wp-content\/uploads\/2021\/05\/debt.jpg 300w, https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/wp-content\/uploads\/2021\/05\/debt-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>1. There is a lot more flexibility when you file a chapter 13 bankruptcy. You can dismiss the case voluntarily at any time or convert it to chapter 7 bankruptcy at any time. You can modify your plan if your income changes or you decide to give up a house or a car. You can refinance or sell a house during the plan.<\/p>\n<p style=\"text-align: left;\">2. A chapter 13 bankruptcy can stop or prevent a foreclosure when you are behind on mortgage payments. You will have to pay the past due payments and continue paying the regular monthly payments going forward.<\/p>\n<p style=\"text-align: left;\">3. You can strip off and remove a second mortgage, reduce the mortgage balance of an investment or multifamily home and you can reduce the loan balance of an automobile loan.<\/p>\n<p style=\"text-align: left;\">4. More debts can be discharged in a <a title=\"Reasons For Filing a Chapter 13 Bankruptcy\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/filing-chapter-13\/\">chapter 13 bankruptcy<\/a> as opposed to a chapter 7 bankruptcy such as alimony and divorce payments and money owed for malicious and willful acts.<\/p>\n<p style=\"text-align: left;\">5. Attorney\u2019s fees can be incorporated into the bankruptcy plan. You will not have to come up with a lot of money at first and usually the attorney\u2019s fees only reduce what the creditors receive and do not increase your payment.<\/p>\n<p style=\"text-align: left;\">6. You do not have to reaffirm an automobile loan in order to keep a car.<\/p>\n<p style=\"text-align: left;\">7. You can solve a <a href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/tax-liens\/\">tax problem<\/a> in a chapter 13 bankruptcy and pay back at a rate that you can afford and stop tax levies.<\/p>\n<p style=\"text-align: left;\">8. You can solve a child support arrears problem in a chapter 13 bankruptcy and pay the past due amount over time, usually 36 to 60 months.<\/p>\n<p style=\"text-align: left;\">9. You can protect property that is not exempt in a <a href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/filing-chapter-7\/\">chapter 7 bankruptcy<\/a> and keep everything you own.<\/p>\n<p style=\"text-align: left;\">10. If an <a href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/car-loan-payments\/\">automobile loan payment<\/a> is too high, you can stretch out your loan balance over 36 to 60 months and lower your monthly payment.<\/p>\n<p style=\"text-align: left;\">11. If you have filed a chapter 7 bankruptcy within the last 8 years and are not eligible to file another one until 8 years have passed you can file a chapter 13 bankruptcy and make a small monthly payment and still receive a discharge from you new debts.<\/p>\n<p style=\"text-align: left;\">12. You can protect a co-debtor from collection activity while the chapter 13 bankruptcy is pending.<\/p>\n<p style=\"text-align: left;\">This is not an exhaustive list of reasons where a chapter 13 bankruptcy may be a better choice over a chapter 7 bankruptcy. You should consult with an experienced bankruptcy attorney for a full evaluation of your case.<\/p>\n<h1 style=\"text-align: left;\">BANKRUPTCY \u2013 UNDECIDED OR UNSURE WHAT TO DO?<\/h1>\n<h2 style=\"text-align: left;\">Talk To Us About Your Options:<\/h2>\n<p style=\"text-align: left;\">We always tell potential clients to talk to us first to see if bankruptcy is in their best interest. The consultation is always free. Talk with Attorney Robert Simonian or Attorney Anthony Bucacci in private and in total confidentiality to see if filing bankruptcy in Massachusetts is right for you.<\/p>\n<p style=\"text-align: left;\">We can almost always come up with a solution to your financial problem. We have filed over 10,000 cases in the past 26 years and there are very few scenarios that we have not seen. We are known for our hard work, diligence, creativity and problem solving abilities. Often we are the bankruptcy attorneys other attorneys come to with difficult cases. Call today to see what we can do for you and what options are available. Often people believe they are the only ones with financial problems and are embarrassed of their situation. This is simply not true and many famous people have had to file for bankruptcy to get a fresh start.<\/p>\n<h2 style=\"text-align: left;\">Why Call Bucacci &amp; Simonian:<\/h2>\n<p style=\"text-align: left;\">We are known as one of the best bankruptcy attorneys in Southeastern Massachusetts serving the Bristol County and Plymouth County areas. Please inquire with anyone as to our reputation. Reputation is everything and we are very proud of ours. We have received numerous awards from various agencies and courts including the Bankruptcy Court in Boston, Massachusetts.<\/p>\n<p style=\"text-align: left;\">Using our knowledge and skill we have had several clients complete their five year Chapter 13 bankruptcy plans where they own their home FREE &amp; CLEAR OF MORTGAGES. We understand how important it is to save clients&#8217; homes from foreclosure, keep their cars from being repossessed and stop creditors from suing them and attaching their wages or attempting to seize their assets. This can be stopped almost instantly and we make every effort to be very available to your clients and can accommodate emergency situations. One of our most famous cases involved saving a clients\u2019s multi-family home. <a href=\"https:\/\/www.courtlistener.com\/opinion\/1863802\/in-re-brizida\/\">https:\/\/www.courtlistener.com\/opinion\/1863802\/in-re-brizida\/<\/a><\/p>\n<h2 style=\"text-align: left;\">What to Avoid:<\/h2>\n<p style=\"text-align: left;\">Do not attempt to file for bankruptcy on your own. You can make your situation much, much worse. If the bankruptcy petition is not correct you could lose your home, your car or possessions or you could be asked to file a different kind of bankruptcy where you have to make monthly payments when it could have been avoided. If you are not properly represented a bankruptcy trustee may foreclose on your house, allow your car to be repossessed, seize a tax refund or other assets. You could file under the wrong chapter, apply the wrong exemptions, fail to file all of the necessary forms or not understand the significance of important forms.<\/p>\n<h2 style=\"text-align: left;\">Protect Yourself:<\/h2>\n<p style=\"text-align: left;\">Call us today for a free and complete bankruptcy consultation. We can protect you from your creditors and protect your home, cars, jewelry and other assets. Creditors and collection lawyers have a job to do and it may seem that they are heartless and will take anything they can from you. They are represented and you should be too. Call us today. The Federal Bankruptcy Court indicated that seeking the advice of a qualified attorney is strongly recommended. <a href=\"https:\/\/www.uscourts.gov\/services-forms\/bankruptcy\/filing-without-attorney\">https:\/\/www.uscourts.gov\/services-forms\/bankruptcy\/filing-without-attorney<\/a><\/p>\n<p style=\"text-align: center;\"><a title=\"Fall River MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/fall-river-ma\/\">Fall River MA<\/a> | <a title=\"New Bedford MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/new-bedford-ma\/\">New Bedford MA<\/a> | <a title=\"Raynahm MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/raynham-ma\/\">Raynahm MA<\/a> | <a title=\"Seekonk MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/seekonk-ma\/\">Seekonk MA<\/a> | <a title=\"Somerset MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/somerset-ma\/\">Somerset MA<\/a> | <a title=\"Swansea MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/swansea-ma\/\">Swansea MA<\/a> | <a title=\"Taunton MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/taunton-ma\/\">Taunton MA<\/a> | <a title=\"Westport MA Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcy-attorney-massachusetts\/westport-ma\/\">Westport MA<\/a><\/p>\n<p style=\"text-align: center;\"><a title=\"Late Car Loan Payments Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/car-loan-payments\/\">Car Loan Payments<\/a> | <a title=\"Collection Agencies Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/collection-agencies\/\">Collection Agencies<\/a> | <a title=\"Common Questions About Filing Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/common-questions-about-filing-bankruptcy\/\">Common Questions About Filing Bankruptcy<\/a> | <a title=\"Credit Card Debt Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/credit-card-debt\/\">Credit Card Debt<\/a> | <a title=\"Delinquency Notices Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/delinquency-notices\/\">Delinquency Notices<\/a> | <a title=\"Eviction Notices Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/eviction\/\">Eviction<\/a> | <a title=\"Filing Chapter 7 Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/filing-chapter-7\/\">Filing Chapter 7<\/a> | <a title=\"Filing Chapter 13 Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/filing-chapter-13\/\">Filing Chapter 13<\/a> | <a title=\"Financial Hardship Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/financial-hardship\/\">Financial Hardship<\/a> | <a title=\"Foreclosure Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/foreclosure\/\">Foreclosure<\/a> | <a title=\"Overdue Bills Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/overdue-bills\/\">Overdue Bills<\/a> | <a title=\"Repossession&lt; Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/repossession\/\">Repossession<\/a> | <a title=\"Sheriff Sale Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/sheriff-sale\/\">Sheriff Sale<\/a> | <a title=\"Student Loan Debt Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/student-loan-debt\/\">Student Loan Debt<\/a> | <a title=\"Tax Liens Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/tax-liens\/\">Tax Liens<\/a> | <a title=\"Wage Garnishment Bankruptcy Law Firm Massachusetts\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/debt-forgiveness\/wage-garnishment\/\">Wage Garnishment<\/a><\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>1. There is a lot more flexibility when you file a chapter 13 bankruptcy. You can dismiss the case voluntarily at any time or convert it to chapter 7 bankruptcy at any time. You can modify your plan if your income changes or you decide to give up a house or a car. You can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,37,38,39,40,41,42,43],"tags":[78,77,76,44,50,49,6],"class_list":["post-293","post","type-post","status-publish","format-standard","hentry","category-fall-river-ma","category-new-bedford-ma","category-raynham-ma","category-seekonk-ma","category-somerset-ma","category-swansea-ma","category-taunton-ma","category-westport-ma","tag-bankruptcy-attorney","tag-bankruptcy-law-firm","tag-bankruptcy-lawyer","tag-car-loan-payments","tag-filing-chapter-13","tag-filing-chapter-7","tag-foreclosure"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>12 Reasons For Filing a Chapter 13 Bankruptcy - Massachusetts Bankruptcy Lawyers<\/title>\n<meta name=\"description\" content=\"Have questions about Chapter 13 Bankruptcy? 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