Chapter 13 · Vernon
Chapter 13 Attorney for Vernon Homeowners and Families
Vernon workers who own homes in nearby cities can use Chapter 13 to stop a foreclosure. Chapter 13 stops a foreclosure or repossession and lets you catch up over 3 to 5 years. Call (310) 362-9071 for a free consultation.
- Help for workers who own homes nearby
- Stop a foreclosure or repossession
- Catch up over 3 to 5 years
- Meet in Beverly Hills or by video
Saving a home with Chapter 13
Most Vernon workers live in nearby cities where homes are worth around $570,000 to $700,000. If you fell behind after a layoff, Chapter 13 stops the sale and spreads the missed payments over the plan.
How long a Vernon Chapter 13 plan runs
Workers whose household income is below the state median for their size can often use a 3-year plan instead of 5.
Your plan payment is based on your income after reasonable costs.
When Chapter 13 fits Vernon filers
- You are behind on a mortgage. Past-due payments are spread over the plan while the sale stays on hold. See stop foreclosure.
- You have more equity than the exemptions protect. Chapter 13 lets you keep the property and pay creditors over time.
- Your income is too high for Chapter 7. Chapter 13 has no income limit, stops collection and can wipe out what is left at the end.
- You need to keep a car. Some older car loans can be cut to the car's value.
Chapter 13 also helps workers who earn overtime pay that puts them above the median for Chapter 7.
Where a Vernon Chapter 13 case is heard
Bankruptcy cases from Vernon are assigned to the Los Angeles Division of the U.S. Bankruptcy Court, Central District of California, at the Roybal Federal Building, 255 East Temple Street, downtown.
After filing, you make plan payments to the Chapter 13 trustee, and a judge confirms the plan at a hearing.
Related pages
If your debts are mostly credit cards and medical bills, a Chapter 7 attorney for Vernon may be the faster path. See bankruptcy attorney for Vernon for both options, or read our main Chapter 13 bankruptcy page.
Chapter 13 questions from Vernon
Can Chapter 13 stop a foreclosure on my home?
Yes, Chapter 13 can stop a foreclosure if it is filed before the sale. The missed payments are then paid over the plan while you keep making current payments.
Will I keep my home in Chapter 13?
Yes, you usually keep your home in Chapter 13 if you make the plan payments and stay current on the mortgage after filing.
Does overtime from my Vernon job count in Chapter 13?
Yes, overtime from your Vernon job counts in Chapter 13. We average it so your plan payment reflects what you really earn.
Free consultation
Protect your home or car
Call (310) 362-9071 or send the form. Have any sale date or notice ready.
Law Offices of John Asuncion9454 Wilshire Blvd., Penthouse Floor
Beverly Hills, CA 90212
(310) 362-9071
Monday to Friday, 9 a.m. to 6 p.m.