Attorney Mark Marshall: Affordable Representation For All Your Legal Needs.

Westlake, Independence and Beachwood locations.

Handle Bankruptcy matters in Cleveland, Akron and Canton

Payment Plan Available

Chapter 13 Bankruptcies

Chapter 13 bankruptcy is a process by which an individual pursuant to a payment plan pays off most of their debt within three to five years. At the end of that time, that individual is brought current on their secured debts (typically a house or car), and remaining unsecured debt is typically wiped away. A Chapter 13 bankruptcy offers the following advantages:

Chapter 13 Bankruptcy isn't for everyone. You must have a sincere desire to repay your debts. In order to qualify, you must have a regular and steady income that is high enough to maintain a monthly plan payment, while still having sufficient income to meet basic needs. Moreover, certain types of debt such as taxes or student loans cannot be discharged. The total amount you must pay per month will depend on how much you owe, the type of debts you have, and your household income.

My attorney fee for a Chapter 13 Bankruptcy is $2,000.00 (plus $310.00 filing fee). However, only $600.00 in attorney fees are paid up front, and the remainder ($1400.00) is paid by the trustee out of the Chapter 13 payment plan.