In light of the current health crisis, we are happy to offer free telephonic consultations. Should you choose to retain our services, we can easily handle the bankruptcy process via telephone and email. We hope that everyone remains safe and healthy during these unprecedented times.
Bankruptcy Attorneys Serving Southern California
Chapter 13 Bankruptcy

Chapter 13 Bankruptcy Attorneys in Palmdale

Let Our Firm Help You Conquer Overwhelming Debt

If you are contemplating bankruptcy as a debt relief option, our firm wants to help. Our attorneys at Wadhwani & Shanfeld have worked with more than 20,000 clients to find a debt relief solution that works best for their situation, be it bankruptcy or a debt settlement. We are dedicated to providing our clients with a custom plan to overcome mounting debt and find a path towards financial stability.

We have locations in Palmdale and all across Southern California.

Repay Debts & Keep Your Assets

Chapter 13 bankruptcy, also called reorganization bankruptcy, enables you to resolve debt issues without liquidating your assets. Through Chapter 13 bankruptcy, you can schedule manageable payments towards your debt over a 3-5 year period.

Chapter 13 Repayment Plans

Repayment plans will be based on several factors: the total amount of debts that you owe, how much disposable income you have, and how long your payment plans are. The period of the repayment plan and the payment amounts will depend on your financial situation and the sum you owe.

In most situations, the indebted party will not pay back the full amount they owed by the time the repayment plan has ended. This might also depend on the requirements of the lender and their preferences.

Advantage of Filing for Chapter 13

Many people choose to file bankruptcy as a way to get out from under their debt and start fresh. While Chapter 7 is the most common way to file bankruptcy, Chapter 13 can be an appealing alternative. Some people choose to file Chapter 13 because they did not fit the income requirement for Chapter 7, or because they wished to retain certain possessions they would have lost in Chapter 7.

Chapter 13 Bankruptcy could be particularly useful for:

  • Paying off non-dischargeable debt
  • Resolving debts without losing nonexempt property
  • Avoiding home foreclosure
  • Retaining a self-employed business property

Who Can File for Chapter 13 Bankruptcy?

In order to qualify for Chapter 13 bankruptcy, you must be in a position to pay the required monthly payments. If your income does not allow these payments, the payments may be negotiated, or you may consider filing Chapter 7 bankruptcy instead. As a rule, the legal limit for filing Chapter 13 bankruptcy is $394,725 for unsecured debts and $1,184,200 for secured debts.

If you want to explore non-bankruptcy options such as debt settlement, we can also help.

Contact Wadhwani & Shanfeld to schedule a free consultation with our Palmdale bankruptcy attorneys.

Client Testimonials

We've Helped Over 20,000 Satisfied Clients
  • “Very professional, helpful. Would recommend to anyone.”

    - Jose Portillo
  • “5 stars very very helpful. walked me through filing .”

    - Joan Bevis
  • “Very professional, easy process and always available to answer questions, Thank you”

    - Ikram Kacem Nsiri
  • “Wadhwani & Shanfeld was very professional and always answered my questions. We are so grateful for them.”

    - Christopher & Jillian West
  • “I very much liked Raj and his staff and I would give them 100 stars if possible. I was kept informed and very happy with the end results. Thanks again...Steve”

    - Stephen Grossman

Why Choose Wadhwani & Shanfeld?

The Right Attorney Can Make A Difference
  • Invaluable Bankruptcy Insight

    Attorneys Raj Wadhwani and Greg Shanfeld are Board-Certified Bankruptcy Specialists who leverage their insight on behalf of clients. 

  • Hands-On Guidance

    Our legal team does all of the work for you, including filing paperwork, keeping track of deadlines, and providing protection from creditors.

  • Experience Where it Counts

    Our attorneys have over 65 years of collective experience helping clients in a broad range of bankruptcy and debt settlement cases.

  • A Prolific Record of Success

    Our firm has successfully helped more than 20,000 people put the pieces of their lives back together after a bankruptcy.

Begin Putting the Pieces Back Together

If you're struggling with debt, the most important thing you can do is hire the right attorney. At Wadhwani & Shanfeld, we have successfully filed over 12,000 bankruptcy cases and helped over 20,000 people get back on their feet.