CHAPTER 13 BANKRUPTCY ATTORNEY IN GREEN BAY AND THE SURROUNDING AREAS

Contact the Law Offices of John A. Foscato, SC, in Green Bay, WI by calling 920-432-8801. Learn more about Chapter 13 Bankruptcy below.

Chapter 13 Bankruptcy

For many individuals who are in serious need of financial relief but who are not willing to risk their homes, automobiles or other secured collateral, Chapter 13 Bankruptcy is often the best option. Chapter 13 clients, who make up half of our filers, often have disposable income available to pay some amount per month, but not what creditors are requiring.

Chapter 13 Bankruptcy caters to individuals/families in financial hardship, somewhat different than those in Chapter 7 bankruptcy. It's designed to help them reorganize their debts into a manageable payment plan. Debtors filing for Chapter 13 protection typically have a steady source of income, and attorney John A. Foscato will work as a liaison between them, their creditors, and the court to arrive upon a restructured payment plan for a portion of their debt over a three-to-five-year period, during which time, they are protected from wage garnishment, lawsuits and other creditor collection actions. Chapter 13 can:

  • Stop Foreclosure
  • Stop Repossession
  • Reduce your interest rates to near 5%
  • Lower your loan balance to fair market value (in some instances)

Protection Against Foreclosure and Repossession

Because Chapter 13 Bankruptcy involves the court and your personal commitment to a payment arrangement, it is the ideal way to get relief from overwhelming debt without losing your assets, such as your house or car. Once your Chapter 13 petition is filed, any creditor action against you, your property and even any co-signers involved is automatically halted. Individuals with businesses are also protected and can continue to operate.

Get Some Breathing Room

We’ve all heard of large corporations, such as airlines, declaring Chapter 11 bankruptcy, which allows the business time to restructure internally and make changes that will put it back on the road to fiscal health and re-emerge, rather than close its doors. Similarly, Chapter 13 gives you the chance for some much-needed breathing room while still honoring some of your debts and holding on to your assets.


For many individuals who are in serious need of financial relief but who are not willing to risk their homes, automobiles or other secured collateral, Chapter 13 is often the best option.

Call the Law Offices of John A. Foscato, S.C. today to schedule a 
free consultation and get on the road to relief!

Rated By Super Lawyers — Green Bay, WI — Law Offices of John A. Foscato, SC

*12 YEARS RUNNING – GREEN BAY AREA’S ONLY 12 TIME BANKRUPTCY SUPER LAWYER 2008 - 2020

by Milwaukee Magazine

  • Voted Top 5% of Attorneys and Peer Reviewed
  • Validated by Third Party Research Across 12 Key Categories

Reach Us Today and Find Relief from Your Debt Burdens

(920) 432-8801
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