[url=http://consumeractionlawgroup.com/chapter-13-bankruptcy-stops-foreclosure-and-eliminates-debts/]File chapter 13 bankruptcy[/url] is a way to reorganize debt and stop foreclosure. 

How to qualify:

In order to file bankruptcy, there is a means test, excluding people who make too much income from filing Chapter 7, while requiring people filing Chapter 13 to make enough to afford payments for secured loans [such as home and auto loans] as well as monthly expenses and a repayment plan.  A petition must be filed, including schedules that disclose all debts and income and assets.

How much / How long / What happens after filing bankruptcy:

When filing bankruptcy, attorney fees are charged up front, and sometimes included in a payment plan for payment of arrears on a home or car loan that is delinquent.  Depending on the payment plan, which average 3-5 years, a discharge can take quite a while for a Chapter 13 filing.  Upon discharge, all unsecured debts are forgiven [such as credit cards, medical bills, etc.]

Bankruptcy Attorneys in Los Angeles explained how Chapter 13 Bankruptcy work

According to [url=http://consumeractionlawgroup.com/chapter-13-bankruptcy-stops-foreclosure-and-eliminates-debts/]bankruptcy attorney[/url] Lauren Rode: “foreclosures are filed everyday because homeowners lose their jobs, run out of their savings, and fall behind on mortgage payments when they can’t keep up with all the household expenses.”

It is best to find a lawyer who has the experience and qualifications to stop the foreclosure process.

A record of success includes a high number of confirmed bankruptcy plans and experience in all of California.  The [url=http://consumeractionlawgroup.com/chapter-13-bankruptcy-stops-foreclosure-and-eliminates-debts/]Los Angeles bankruptcy attorneys[/url] at Consumer Action Law Group take the time and effort to make sure that their clients understand what the process involves and exactly how much it will cost to file.

By filing chapter 13 bankruptcy, the creditors will be ordered to stop collection efforts immediately.  A [url=http://consumeractionlawgroup.com/chapter-13-bankruptcy-stops-foreclosure-and-eliminates-debts/]foreclosure bankruptcy attorney[/url] will stop the foreclosure process by filing chapter 13 bankruptcy. To  find out more about options to save a home from foreclosure homeowners are encouraged to call Consumer Action Law Group and discuss their situation with a Bankruptcy attorney for free.  Anyone who need bankruptcy advice should visit http://Consumeractionlawgroup.com or call (818) 254-8413

About Consumer Law Action Group

Consumer Law Action Group is a law firm with offices in Los Angeles, dealing with consumer issues such as wrongful foreclosure, auto dealer fraud, and employer violations.  The attorneys within Consumer Law Action Group focus on lender litigation, bankruptcy, and lawsuits against car dealers, as well as claims against employers who violate labor laws.

For Media Inquiries:

Contact Person: Lauren Rode, Esq.

Telephone: (818) 254-8413

Email: Lauren@consumeractionlawgroup.com

Website: [url=http://consumeractionlawgroup.com]http://consumeractionlawgroup.com[/url]