Many Debtors consider filing Chapter 13 Bankruptcy because they are behind on their home mortgage payments and are facing a foreclosure. Chapter 13 Bankruptcy, often referred to as Debtor’s Court, can be of assistance to people who are about to lose their home to foreclosure.

Although a Chapter 13 Plan cannot alter the repayment terms for your current mortgage payments if the mortgage is secured by your principal residence, the Plan can provide for the payment of past due mortgage payments over time, typically over a 3 to 5 year period.  Often, this is exactly what consumer bankruptcy debtors need—time to get their past due payments caught up.

If you are considering filing a Chapter 13 Bankruptcy, contact the Birmingham Bankruptcy Law Firm of Over the Mountain Law Center, LLC today at 205-870-8480.

Discuss the specifics of How To File Chapter 13 Bankruptcy with an experienced Alabama Debtors Court Lawyer today.