Chapter 13 Bankruptcy in St. Petersburg, Florida

Reorganizing your Chapter 13 debts into a workable payment plan

Chapter 13 bankruptcy is a structured payment plan, which allows you to pay off your debts over a three- to five-year period.  The bankruptcy court will typically permit you to pay your creditors significantly less than the full amount you owe.  In a Chapter 13 bankruptcy, our St. Petersburg bankruptcy lawyers work on your behalf to create a repayment plan, at a fraction of the cost of your original debts.

If you have sufficient disposable income to qualify, a Chapter 13 has many advantages:

  • Stop foreclosure
  • Stop garnishment
  • Catch up on back payments
  • Keep your non-exempt assets
  • Restructure IRS debt
  • Eliminate penalties and interest on tax debt
  • Restructure auto loans
  • Possibly eliminate a second mortgage

The Law Office of Cox & Sanchez advises you of your options, and helps you determine whether a Chapter 13 bankruptcy is best for you.

Chapter 11 bankruptcy

Businesses that cannot pay their debts, often use Chapter 11 bankruptcy to get a break from their creditors, while reorganizing their finances. Filing Chapter 11 allows you to keep your business running, while you work to solve your credit problems. If you run a small business, Chapter 7 bankruptcy may be more appropriate for you; since your personal assets and those of the business are closely intermingled.

Work with the experienced bankruptcy lawyers of Cox & Sanchez.

Cox & Sanchez advises you whether your situation is better served by filing the following:
  • Chapter 7 bankruptcy
  • Chapter 13 bankruptcy
  • Chapter 11 bankruptcy


Our bankruptcy law firm in St. Petersburg, gives you confidence in your ability to make a full financial recovery. For a free phone consultation about your options including Chapter 13 bankruptcy, contact The Law Office of Cox & Sanchez by calling 727-896-2691 today.

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