The Chapter 13 bankruptcy process begins by filing a petition with the local bankruptcy court where the debtor has residence. The debtor, through his or her attorney, must file with the court four documents:Schedules of assets and liabilities A schedule of current income and expenditures A ...
Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who can use continued income to pay off some debts. Often referred to as “wage earner’s ...
The Chapter 13 process requires that the debtor (that’s what we call the person who files the bankruptcy case) make a monthly payment to a Chapter 13 Trustee for a period of 36 to 60 months. The Trustee then distributes that money to the debtor’s creditors who have filed proper ...
Chapter 13 Bankruptcy Can Give You Relief From a Second Mortgage Under certain circumstances, Chapter 13 bankruptcy can help you remove a second or additional mortgage. If your home is worth less than the balance of your first mortgage, you can discharge the value of your second or subsequent ...
Filing forAtlanta personal bankruptcybegins by determining which option, Chapter 7 or Chapter 13, is the best choice for your financial circumstances. Berry & Associates is experienced in handling both of these types of bankruptcy. We help you determine which bankruptcy process is the right choice ...
Chapter 13 bankruptcy can also help you keep your vehicle. If you are behind on payments, bankruptcy can stop the repossession process. Your monthly payment to the trustee can be set up to include payment for your car, and allow you to keep the car as long as you keep up in the paymen...
Beginning the Chapter 13 Bankruptcy Process Filers in a Chapter 13 case must file a petition with the federal bankruptcy court that serves the location where the debtor resides or has a domicile. Unless the court states otherwise, the debtor must file these documents: ...
We have helped hundreds of people just like you successfully negotiate chapter 7 and chapter 13 bankruptcy process. We strive to provide excellent service. You can read reviews from our happy clients on ourGoogle page. We do one thing: personal chapter 7 and chapter 13 bankruptcy in Colorado....
The Chapter 13 bankruptcy process will restructure non-exempt debts on better terms over a period of several years, usually 3 to 5 years. It is especially advantageous for debtors who want to stop foreclosure or otherwise keep their house or car. The requirement here is that the individual mak...
Contact L. Wayne Gilleland, Attorney at Law, at 478-742-3000 for reliable legal help when you are considering filing for bankruptcy in Georgia.