Georgia Bankruptcy Attorney: Chapter 13 Bankruptcy
Serving the Atlanta Metro and Surrounding Areas
Do you need debt relief? Are you facing the possibility of a home foreclosure? A Chapter 13 bankruptcy may be the answer. A Chapter 13 bankruptcy, also known as a debt restructuring/debt reorganization bankruptcy, allows people to pay back some of their debts more gradually and can result in a partial reduction of debts. It can also help if you are behind on house mortgage payments and need additional time to catch up.
If you are thinking about filing for bankruptcy and need help, call the law offices of B. Phillips & Associates, P.C. in Cumming, Alpharetta and Dunwoody, Georgia. We represent clients throughout the Atlanta metro and surrounding areas. We handle Chapter 7 and Chapter 13 bankruptcy cases on behalf of people and businesses.
To schedule a consultation at our law office, call 770.205.1922 or 800-396-3991.
Chapter 13 Bankruptcy: Debt Relief for Individuals
A person may be eligible for Chapter 13 relief. When we represent a client in a Chapter 13 bankruptcy case, we submit a financial debt repayment plan on their behalf to the bankruptcy court. The plan usually calls for the repayment of certain debts over a period of three or five years. For example, if you are past due on your mortgage payment, the plan would demonstrate how you will pay the past-due mortgage debts over the three- or five-year period.
The bankruptcy trustee will review your case and determine if the proposed debt-restructuring plan is acceptable, and if so, the court will issue an order that your creditors must honor and obey. A Chapter 13 bankruptcy has many potential benefits. Depending on the facts of your case, it may stop a home foreclosure or vehicle repossession, stop a wage garnishment, and prevent future collection calls and creditor harassment.
Contact Us
To speak with a lawyer about Chapter 13 or Chapter 7 bankruptcy, contact B. Phillips & Associates, P.C.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
