Chapter 13- Wage Earner

The Chapter 13 is used when your income is too high to file a Chapter 7 or your assets need additional protection. If your home is in foreclosure, a Chapter 13 will allow you to bring it current over a period of 3 to 5 years. If your taxes are behind, interest and penalties will freeze and you can pay the IRS over time. This type of filing allows you to keep assets that are above the exemption limit. The Chapter 13 can also be an option when you have filed a Chapter 7 less than 8 years ago.


Few people lose assets when filing a bankruptcy. Up to $125,000.00 equity in a home was protected until recently when the law changed to allow ALL equity up to the average sale price of a home within the county. That change protects $390,000.00 in equity at the time of this writing. Most assets are protected along with personal household items and vehicles. If you do not list an asset, it will not be protected. If you do not list a right to sue someone, you may forever be barred from bringing that lawsuit. Always disclose all of your assets. Lisa McBride will tell you what you can keep and what may require other options.
Call for a free initial consultation with the attorney (509)838-0435
Print out the list of items to gather for the consult and print out and fill in the intake form. Bring it to your meeting with Lisa and together we can decide what is best for you.


P.S. Corp, 28 W Indiana, Ste G,
Spokane WA 99205


509 838-0435


Monday-Friday: 9am-7pm