With over 25 years of bankruptcy experience, and 10 years as a Bankruptcy Trustee for the Bankruptcy Court, The Wright Law Alliance, P.C. has the experience and expertise to help you and your family through any of these personal bankruptcy processes for the Bankruptcy Court. Call us to learn if bankruptcy is the right tool to get you back on track financially.
Chapter 7 Bankruptcy
Also known as “straight bankruptcy” or “liquidation”, Chapter 7 bankruptcy is the most common form of bankruptcy. Filing a Chapter 7 bankruptcy immediately stops creditor calls and collection attempts. It can also put a hold on foreclosure and repossession, giving you time to make other arrangements for yourself and your family. You can wipe out most, if not all, of your debts through the Chapter 7 discharge. Most Chapter 7 cases are finished in just a few months, allowing you to start rebuilding your credit as quickly as possible. We’d like to learn more about your situation which is why you can schedule a complimentary consultation with us. (Click here to begin)
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a great option if you are behind on your house or car payments and want time to “catch up,” so you can keep the property. Chapter 13 may also be the best option if you do not qualify for a Chapter 7 case, or if you have a large amount of unprotected equity in your home that you may lose in a Chapter 7 case. Chapter 13 involves repayment of debt (some or all) through a court-approved payment plan for 3 to 5 years. A Chapter 13 repayment plan can lower your monthly debt payments and give you some much-needed breathing room. Chapter 13 allows you to discharge (wipe out) debt, while you keep the property you want to keep. I’m the right bankruptcy lawyer who can help, call me.
Chapter 11
Individuals may file a Chapter 11 case when they want the benefits of a Chapter 13 repayment plan, but their debt is too high for a Chapter 13 case. There are also other benefits to individuals filing a Chapter 11 case over a Chapter 13 case:
- Prepetition mortgage arrears too high to pay in five years
- Pay the value of a car (if less than the amount you owe) that was recently financed
- You recently received a Chapter 7 or Chapter 13 discharge
- More time to pay non-dischargeable debts, like payroll taxes
Let The Wright Law Alliance, P.C. help you get back on the road to financial success. To find out about your options, click “chat live” or contact us today or tell us about your situation below.
We a debt relief agency. We help people file for Bankruptcy relief under the Bankruptcy Code.
Atlanta Bankruptcy Lawyer Helps Georgians Recover
Finances are an uncomfortable topic, and especially when the word “debt” is involved. Most people don’t want others to know if they are facing debt, and if so, just how much it is. As an Atlanta bankruptcy attorney, we know first-hand just how uncomfortable this conversation can be. But to overcome a problem, you must first talk about it to find a solution. And this is when some people start their search for a “bankruptcy lawyer near me.” Bankruptcy is a scary term at first for some, but also a solid solution. How Did I Find Myself in This Much Debt? Especially when credit cards are involved, it can feel like you accrued the debt in the blink of an eye. One day your balance is $0 and before you know it, you have thousands of dollars piled up. Some of the ways people often accrue large amounts of debt include: Medical Bills Whether it is a planned but required surgery or a sudden accident, one medical bill could be enough to throw your entire financial life off balance. But oftentimes, it is something that is unavoidable and sometimes something that can keep growing as additional treatment is required. Student Loan Debt College is expensive – no doubt. But many careers require a degree, and many people desire to pursue further schooling. Year after year more and more students find themselves looking down the tunnel of student loan debt after graduation. Poor Spending Habits It can be hard to admit, but [...]
