The Liviakis Law firm provides estate planning and bankruptcy services to residents of the Sacramento area. These legal services include wills, trusts, chapter 7, chapter 11, and chapter 13. Estate planning involves financial planning, transfer of assets, tax planning, and the financial care of relatives. Bankruptcy involves the reorganization and discharge of debt for individuals and businesses. In Chapter 11 a debtor may propose a plan to dictate the way in which creditors will be treated. The repayment period may be proposed by the debtor. The debtor has an exclusive period of time to propose a plan. The plan must comply with the rules and guidelines of the bankruptcy code. Chapter 13 also involves a debtor's plan, however the plan period may not extend beyond five years.