Providing Chapter 7 And Chapter 13 Bankruptcy Services Throughout Georgia
Our Georgia Bankruptcy Lawyers know that financial challenges caused by crippling debt can quickly feel overwhelming. Filing bankruptcy, either Chapter 7 or Chapter 13, can help ease these burdens while helping people take back control of their financial futures.
Both Chapter 7 and Chapter 13 bankruptcy have different costs and benefits that people should carefully consider. At the Williams Litigation Group, our lawyers work closely with our clients to fully understand their financial situation. This thoughtful approach allows us to identify the right course of action for our bankruptcy, criminal defense and personal injury clients.
Filing Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows people to discharge a large portion of their debts over the course of several months. In exchange for having these debts discharged, individuals filing Chapter 7 must liquidate many of their assets to pay back their creditors. A home and motor vehicle may be exempt depending on the amount of equity possessed.
It is important to note that Chapter 7 is a means-tested program. To qualify in Georgia, an individual’s household income must be below the median income level for that household size.
Chapter 13 Bankruptcy Rules
Chapter 13, because it is not means tested, is easier to qualify for. Rather than having a large number of debts discharged, Chapter 13 bankruptcy allows the debtor to create a plan to pay back creditors over three to five years. For people with a steady income and are able to follow through with the payment plan, Chapter 13 bankruptcy is an effective tool for solving challenging financial problems.
Protect Your Future. Stop Harassing Phone Calls Today.
You may be tired of creditors harassing you via telephone or by sending threatening letters. After you initiate bankruptcy proceedings, debt collectors are legally prohibited from contacting you.
Let us help you gain a fresh financial start. Call our attorneys toll free in Brunswick at 866-214-7036. We also welcome all inquiries through our online contact form. Serving the entire state of Georgia
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.