Kaplan Law Firm, LLC

Chapter 13 bankruptcy is a type of consumer bankruptcy in which you must create a repayment plan to fully repay all debts. It also requires you to demonstrate to the court that you can afford your monthly household expenses and plan payments on a regular basis. Chicago residents can access a bankruptcy lawyer to develop a proposal that the court will likely accept. There are two types of debt. Priority debts must be paid in full. These debts are usually government-mandated and include taxes, child support, and alimony. Secured debts are linked to valuable property like a house or a car. You must pay regular payments to your plan and arrearages if you want to keep a secured item. Furthermore, all available funds must be used to pay unsecured debts. Unsecured debts are those not secured by property, like medical bills and credit card balances. They are not required to be repaid in full, but any additional income must be given to them. If you have the financial resources, you may retain all your assets in a Chapter 13 bankruptcy.

The reviews unanimously laud Kaplan Law Firm, especially Rae Kaplan and Fran for their outstanding support and empathy. Their positive attributes include responding quickly to emails and phone calls and being genuinely understanding and compassionate. The reviewers are grateful for the excellent legal advice and the guidance offered by the Kaplan firm in bankruptcy and student loan options. They mention that the team provided hope and direction in financially challenging situations while ensuring a smooth and expedited process. A parent plus loan review highlights the considerable student loan reduction achieved, thanks to exceptional legal prospects for success. Breast several chapters include heartfelt thanks for the life-changing advice and extraordinary client care, especially in bankruptcy. The team's kindness and expertise are consistently applied to every client, with Josephina and Carlie always supportive. The clients claim they are forever indebted to Rae Kaplan and promptly recommend the firm to everyone without reservations.