Am I guaranteed that filing a Chapter 13 will work for me?

Despite the fact that every Chapter 13 case that Clark & Washington handles and files in bankruptcy court can potentially be approved, not every one of these cases will get confirmed. We have the Orlando Bankruptcy Attorneys to assist you and are Mid-Florida’s largest bankruptcy filer, so we are well versed at assisting these types of cases so that you know whether or not your case has the chance at being approved and confirmed. The individual’s funding is typically the biggest issue involved with the non-confirmation Orlando Bankruptcy cases where Chapter 13 is concerned. If a debtor fails to follow the repayment schedule and does not make the prescribed monthly payments to the bankruptcy trustee, then their case is not going to be approved. In any event, our Orlando Bankruptcy Attorneys will be able to assist you in the matter so that the most beneficial outcome is achieved when the case comes to court. In most instances involving Florida Bankruptcy (or Florida Foreclosure), payroll deductions can be arranged with the individual’s employer in order to meet their repayment obligations as prescribed by the bankruptcy judge and trustee. These payroll deductions can take between 1 and 3 payroll cycles to be implemented. While you are waiting for these to start, you will be responsible for sending the payment to the bankruptcy trustee. Just be aware of the fact that some employers will take 30 to 40 days to implement those payroll deductions. This will leave you up to a month or more behind. Additionally, if you are self-employed, you will be totally responsible for sending those payments in on your own. Depending on the circumstances involved with your Middle-Florida bankruptcy case, you could be making payments at least once monthly. In any case, if funding problems can be eliminated where your case is concerned, your chances of a successful endeavor increase tremendously. Another question that arises with Clark & Washington Orlando bankruptcy cases involves what can happen should you lose your job. It can result in the failure of your Florida Bankruptcy case. The rule of thumb regarding this issue is that this is typically a larger problem for the debtor the earlier in the case that a job loss occurs. For example, if you are 3 or 4 weeks into the process and there has been no confirmation on your case, it may have to be converted to a Chapter 7.