Hartford Chapter 13 Bankruptcy Attorney

If you’re overwhelmed with debt, Chapter 13 bankruptcy may offer a way forward. By restructuring your debts into manageable payments, Chapter 13 allows you to regain control of your finances while protecting your assets. Lawrence & Jurkiewicz, LLC helps clients understand their options for discharging debt. Let us help you determine if Chapter 13 is right for you. We’re here to guide you to a more stable financial future.

What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy, or a wage earner reorganization, is designed to help individuals address their debts while keeping their property. Unlike Chapter 7, which involves liquidating assets, Chapter 13 utilizes a structured repayment plan that typically spans three to five years. This option is particularly useful for those looking to address past-due mortgage payments, car loans, taxes, or other secured debts, while discharging many unsecured debts, such as personal loans and credit card bills, after completing the repayment plan.

By filing for Chapter 13 bankruptcy, you retain ownership of your assets, including your home and car, as long as you meet repayment obligations. The process prioritizes creating a repayment strategy aligned with your income and expenses, offering a tailored path to financial stability.

Eligibility for Chapter 13 Bankruptcy

Chapter 13 bankruptcy is available to those with a regular source of income. Unique to this option, eligibility is determined by debt limits rather than income. As of 2025, unsecured debts must fall below $526,700, and secured debts must not exceed $1,580,125. Additionally, applicants must be residents of the United States and willing to propose a feasible repayment plan.

At Lawrence & Jurkiewicz, LLC, we work with clients to assess their eligibility and prepare the necessary filings, ensuring compliance with all requirements.

What Does the Chapter 13 Process Involve?

Knowing what to expect during the Chapter 13 bankruptcy process can help alleviate uncertainty and prepare you for success.

The Automatic Stay

Filing for Chapter 13 bankruptcy triggers what’s known as an automatic stay, an immediate court order that halts creditor actions such as foreclosure, wage garnishments, lawsuits, and collection calls. This powerful legal protection offers you breathing room to focus on formulating your repayment plan without constant financial pressures.

Wage Earner Reorganization Plan

The repayment plan lies at the heart of Chapter 13 bankruptcy. Developed based on your financial circumstances, the plan outlines how you will repay creditors over a three-to-five-year period. Priority debts like child support, taxes, and mortgages are addressed first, while unsecured debts, such as credit cards, may receive partial or no payment depending on available disposable income. Once the plan is complete, qualifying debts are discharged, providing a fresh start.

Impact on Various Debts

Chapter 13 bankruptcy offers flexibility in managing different types of financial obligations. Secured debts like mortgages and car loans can be reinstated and made current, while most unsecured debts are either reduced or eliminated entirely. Even non-dischargeable obligations, such as student loans, can be restructured for more manageable terms.

Schedule a Free Initial Consultation

At Lawrence & Jurkiewicz, LLC, we recognize that the thought of filing for bankruptcy can be intimidating. We are dedicated to guiding you through the Chapter 13 bankruptcy process so you can make decisions you’re confident in. Our experienced attorneys work alongside you to build a personalized plan that addresses your needs while protecting your most important assets. Contact us today to schedule a consultation and take the first step toward improving your financial future.