Do you have a job, but feel financially crippled by outstanding debt? Let Galler Law, LLC provide you with helpful solutions and intelligent guidance related to your financial liabilities. Our Georgia lawyers can explain the benefits and drawbacks of filing for Chapter 13 bankruptcy.
To qualify for Chapter 13 bankruptcy, you must have an ongoing form of income, as well as enough disposable income to keep up with an ongoing repayment plan. Lasting between three and five years, your repayment agreement will pay your creditors back gradually. Afterward, all dischargeable debt will be eliminated.
Obviously, a Chapter 13 bankruptcy doesn’t eliminate your debt like in a Chapter 7. However, some of the benefits include:
Galler Law will walk you through the process of filing for Chapter 13 bankruptcy in Roswell, Atlanta or Sandy Springs, Georgia. Our legal team will assist with your paperwork, court filings, income declarations and more. Call 770-671-8830 to learn more about our debt settlement services.