Bankruptcy Can Help You Get A Fresh Start
If you have a large amount of unsecured debt from things like credit cards or medical bills and suddenly find you are unable to pay your debts because of life circumstances like unemployment, divorce, or huge unexpected medical expenses, bankruptcy can help you to make a fresh start. It also frees you from the constant harassment of creditors and collection agencies. Bankruptcy should not be taken lightly, but is a final option when no other solutions are possible. Call an experienced Gainesville, GA bankruptcy attorney today to learn if bankruptcy is right for your circumstances.
Chapter 7 And 13 Bankruptcy
There are different types of bankruptcy and depending on your situation you should consult with an experienced Gainesville bankruptcy attorney to help you see if you qualify and which type of bankruptcy will be right in your situation. The most common types of bankruptcies filed are chapter 7 and chapter 13.
In a chapter 7 bankruptcy some of the debtor’s assets are protected while the rest are liquidated (sold) and the money used to pay off creditors. In a chapter 13 bankruptcy, the debtor is helped to reorganize his finances and establish a payment plan to pay off their debts over a determined period of time.
This area of law is complex and there can be differences in the law from one district to another. That makes it important to consult with an experienced bankruptcy attorney in Gainesville, GA, like Coleman & Chambers. They can be your best advocate during the bankruptcy process.
Gainesville GA Lawyers
The costs to file bankruptcy varies. However, most bankruptcy attorneys offer a free initial consultation and during this meeting will inform you of their fees and repayment plans.
If you are experiencing difficult financial problems because of the downturn in the economy and think bankruptcy may be the solution to your financial difficulties don’t wait any longer to find out. Call Coleman & Chambers Gainesville, Georgia bankruptcy lawyers today to help you get your life back on track.