Bankruptcy Debt Relief Chapter 7 & Chapter 13
If you are in over your head in debt and do not know where to turn, you may be thinking about bankruptcy as an option. Perhaps your house is about to be lost to foreclosure or you have overextended yourself in credit card debts. A job loss, divorce, or medical problem may be pushing your family finances to the edge.
Stop home foreclosure, stop wage garnishment, stop harassing phone calls, or prevent vehicle repossession
Are you sick of the endless phone calls to your home? Have you received collection calls at work? Are you sick of the threats, intimidation and creditor harassment?
Contact an experienced attorney at The Newtonon Law Firm, P.C. to discuss your financial situation if you are considering the possibility of bankruptcy.
You may be surprised to learn that:
- Despite the bankruptcy reforms of 2005, Chapter 7 or Chapter 13 bankruptcy is still a viable option for many individuals and families who are unable to pay their debts.
- Once you file bankruptcy, it is against the law for creditors to call you. If you have retained The Newtonon Law Firm, P.C. and your creditors attempt to contact you, they may be referred immediately to our office, and we will handle all further communications with them.
- It is often possible for people who file bankruptcy to keep their homes, keep their vehicles, and start with a clean slate. Restoring credit may be possible in a shorter time than you might have imagined.
- If the law affords you the option of filing bankruptcy given your income and assets, it may be the most responsible thing you can do if you are unable to resolve your debts any other way.
- Often, clients who file bankruptcy are back on their feet within a short time.
- Sometimes, overzealous creditors attempt to collect on debts that they are not legally entitled to collect on. Before panicking when you receive a threatening phone call or letter from a creditor about a questionable debt collection attempt, contact a Georgia bankruptcy lawyer to discuss these issues or any issue related to bankruptcy.
- Do you need legal help to avoid or stop a garnishment of your wages? If you are being threatened with a wage garnishment or you are already subject to a payroll garnishment, we can help.
A Second Chance for a New Financial Beginning
We take great pride in our ability to help people find lasting solutions to debt problems. Although bankruptcy is not right for everyone, for many people facing debt problems it is a second chance at a new financial future. It is an opportunity to put unmanageable debt problems behind them.
We are pleased to provide experienced, dedicated and highly responsive legal service designed to efficiently and effectively seek long-term solutions to debt problems. If you need assistance, we encourage you to schedule a consultation.
How Does Bankruptcy Work?
When you file bankruptcy, an order will be issued that instructs potential creditors that further attempts to collect a debt must be ceased for a period of time while the bankruptcy court is considering the pending bankruptcy case. If your creditor continues to call shortly after you file and you are represented by our office, we will instruct the creditor that you are represented by an attorney and further efforts to collect can result in a contempt action being filed against the creditor. Simply tell the collection agency or creditor you are represented by a bankruptcy attorney and give them our phone number.
Once we have your bankruptcy case file number, we can provide it to your creditors. Filing bankruptcy can help you seek an end to the endless nuisance of creditor harassment.
Chapter 7 or Chapter 13 Bankruptcy
Put an End to Debt Worries
If you qualify for a Chapter 7 bankruptcy, you may be able to eliminate or reduce a significant portion of your debts, including credit card and medical debts. If you qualify for a Chapter 13 debt reorganization bankruptcy, you will be able to pay back certain debts in a debt restructuring payment plan that enables you to pay debts more gradually. Your total debt load may be reduced as well, depending on the facts of your case.
Georgia Bankruptcy Lawyer: Chapter 7 Bankruptcy
Chapter 7 Bankruptcy: Reduce or Eliminate Dischargeable Debts
We handle your bankruptcy case from beginning to end. We will help with the submission of all necessary documents and represent you throughout the duration of your case. Although bankruptcy is not right for everyone, it can provide a tremendous source of economic relief for many people and businesses.
Depending on the facts of your case, a Chapter 7 bankruptcy may be able to help you to:
- Eliminate or reduce debts (e.g. credit cards, medical debts, other debts)
- Stop creditor harassment and annoying collection calls
- Stop a home foreclosure
- Stop a wage garnishment
- Stop a car repossession or asset/property repossession
- Stop troublesome lawsuits
Georgia Bankruptcy Attorney: Chapter 13 Bankruptcy
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 Newtonon Law Firm, P.C. in Cumming, 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.
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.
At The Newtonon Law Firm, P.C., we offer experienced and dedicated legal services to help clients through difficult financial challenges. We have extensive experience with Chapter 7 and Chapter 13 bankruptcy cases. A Chapter 13 bankruptcy can be very helpful in preventing a home foreclosure.
Home Foreclosure Protection
Through a Chapter 13 bankruptcy, you may be able to pay your home debt arrears through a debt restructuring plan approved by a bankruptcy court. If retained by you, our firm can submit a debt repayment plan, usually a three or five year plan, that explains in detail the amount of your mortgage arrears and the method and time by which you will pay those arrears. Instead of having to pay all of your mortgage debt in a short period of time, you just pay the unpaid late payments over a debt restructuring period that has been approved by a bankruptcy court.
New Bankruptcy Law Changes: Can I Still File Bankruptcy?
When new changes to the Bankruptcy Code took effect in recent years, there was a wealth of misinformation that was communicated through the media and word of mouth to the public. Many people wondered if new bankruptcy law changes would keep them from seeking the protection bankruptcy has offered to families across the U.S. for so many years.
In today's turbulent economic times, people and businesses wonder if new bankruptcy law changes will prevent them from seeking economic relief from unmanageable debt. We are pleased to report that most of the people who visit our offices for a consultation discover that they are eligible for bankruptcy relief through either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy.
It is true that new bankruptcy law changes have resulted in more pre-conditions, but most of the people we see are pleased to discover that relief is still available through a Chapter 7 or Chapter 13 bankruptcy.
If you or your business is having financial debt problems and just can't seem to keep pace with mounting bills, a bankruptcy may provide the relief you need to seek a second chance and a new financial beginning.
Bankruptcy FAQs
Q- Will I qualify for relief?
A- We help people and businesses file for a Chapter 7 or Chapter 13 bankruptcy. Most people qualify for Chapter 7 relief. Those who do not are often eligible for Chapter 13 relief. The majority of people who visit our office for a consultation do qualify either for Chapter 7 or Chapter 13 relief.
Q- Can bankruptcy help protect me from a home foreclosure?
A- If you want to keep your home and are behind on payments, a Chapter 13 debt restructuring bankruptcy may be able to help. When we handle a Chapter 13 case, we draft a debt repayment or debt restructuring plan which we present to a bankruptcy court. If your payment plan is approved by the bankruptcy court, your creditors must comply with the terms of a court order.
Q- I already filed bankruptcy once. Can I still get help?
A- There is a limitation on the number of times you can file for Chapter 7 relief in a certain time period. However, even if you do not qualify for Chapter 7 relief, you may qualify for Chapter 13 relief. Even if you have filed bankruptcy previously, there are many ways our firm may be able to provide assistance. Schedule a consultation to learn more.
Q- I just received a notice that I am being sued or garnished. Am I too late?
A- Absolutely not. Filing a case under either chapter 7 or 13 immediately halts all collection activity. We can stop the suit or the garnishment and protect your paycheck.
Q- The car company is trying to repossess my car. Can I stop it?
A- Yes. In chapter 13 we can restructure your car note, usually at a much lower interest rate and stop the repossession.
Schedule a consultation
We are pleased to offer a consultation to discuss your case and your options. If you need help to avoid a future wage garnishment or stop a current payroll garnishment foreclosure, we encourage you to schedule a consultation with The Newtonon Law Firm, P.C..
When you meet with us at your consultation, we will discuss your financial situation and provide candid advice regarding bankruptcy and other debt relief measures. Depending on the facts of your case, you may want to retain our firm to file for a Chapter 7 or Chapter 13 bankruptcy.
A Chapter 7 bankruptcy is a debt liquidation bankruptcy that may allow you to eliminate or reduce many secured and unsecured debts. For people who are not eligible for a Chapter 7 bankruptcy, a Chapter 13 bankruptcy can often provide financial relief as an alternative.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
We represent clients throughout the Atlanta metropolitan and surrounding areas in Georgia including Forsyth County, Cobb County, Gwinnett County, Fulton County, Hall County, Cumming, Atlanta, Roswell, Alpharetta, Dunwoody, Duluth, Sugar Hill, Buford, Suwanee, and Lawrenceville.
