Chapter 13 Bankruptcy Attorney Monterey

People in Monterey seeking advice on bankruptcy, mortgage foreclosure, loan modifications, or short sales go to the Law Offices of Christopher Alliotts, Inc.  Why?  Because he is the only local attorney who:

  1. Served a two-year judicial clerkship with the federal Bankruptcy Court in San Jose;
  2. Has over 22 years of bankruptcy and foreclosure law experience;
  3. Has authored numerous articles on bankruptcy and foreclosure law in The National Law Journal and other legal publications; and
  4. Speaks Spanish fluently.

As a bi-lingual attorney, Mr. Alliotts has been helping clients in the Monterey community reorganize their debts under Chapter 13 of the Bankruptcy Code for years.

Along with Chapter 7, Chapter 13 is one of most powerful debt relief tools available for people living in the Monterey Bay area.  While Chapter 7 bankruptcy is a faster and cheaper procedure, Chapter 13 bankruptcy has distinct advantages over Chapter 7 to clients seeking to stop foreclosure and restructure their mortgage and other debts.  Given the additional cost of a Chapter 13 bankruptcy, prospective clients should understand the benefits of each type of bankruptcy and the different cost structure for Chapter 7 and Chapter 13 bankruptcies.

While Chapter 7 bankruptcy is a fast and affordable procedure for clients in Monterey to eliminate certain debts, Chapter 13 bankruptcy can provide a more complete and effective solution to foreclosure and other financial problems.  In Chapter 13 bankruptcy, a client can accomplish the following:

  1. Immediately stop a foreclosure sale and obtain an additional opportunity to apply for a loan modification;
  2. Eliminate a second mortgage or home equity line of credit (HELOC), known as “lien stripping” in bankruptcy, under certain circumstances; Mr. Alliotts has done hundreds of lien strips of mortgages and HELOC’s for clients in Monterey;
  3. Automatically eliminate your liability for cancellation of debt income tax, issued through a Form 1099;
  4. Eliminate certain back income taxes and establish more favorable repayment terms for other current and other tax obligations;
  5. Restructure car and other loans including principal reduction in certain circumstances.  and
  6. Preserve your non-exempt assets.

Chapter 13, by definition, involves making monthly payments.  Unfortunately, some people in Monterey misconstrue Chapter 13 bankruptcy to require payment of debts in full.  That is simply not the case.  The amount of the monthly payment, which can be as low as $40 per month, depends on a variety of factors.

Mr. Alliotts offers free bankruptcy and foreclosure consultations at his offices in Monterey and Salinas.  To learn more about bankruptcy and foreclosure, please call his office at (831) 753-2200 to schedule an appointment or contact us at

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