Got A Ton Of Business Debt? Think #13.

Ways to escape the sleepless nights all have a number. #7, #11, and #13. Today, class, it’s lucky 13. Actually, Chapter 13 – like in bankruptcy. Here’s the good news. Chapter 13 allows you, the debtor, to keep property and pay debts over time. Usually, three to five years. Remember these advantages. A Chapter 13 filing puts the skids on any lender wanting to foreclose on your home, and allows you to bring delinquent mortgage payments current over time. You can also defer other debts while in Chapter 13. Further, Chapter 13 allows you make payments to a trustee who then distributes payments to creditors so you don’t have to. More info: chapter 13 bankruptcy Winter Garden

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