WHAT IF I'M INELIGIBLE FOR A CHAPTER 7 DISCHARGE?

There are some potential clients who would like to file Chapter 7 bankruptcy, but can't due to circumstances such as a previous Chapter 7 discharge within the last 8 years or too much disposable monthly income. In these situations, a Chapter 13 bankruptcy may be the next best alternative. Although Chapter 13 bankruptcy involves a 3-5 year repayment plan, in most cases it does not require the repayment of all of one's debt to obtain a discharge. Furthermore, it allows one to address all of his/her debt and consolidate it into one monthly payment without the high interest rates that leave one trapped on the debt hamster wheel. Additionally, Chapter 13 bankruptcy still provides the benefit of the automatic stay, which stops creditor calls, creditor harassment and the threat of lawsuits or garnishments. So if you're ineligible to file for relief under Chapter 7, contact the Douglasville Bankruptcy Lawyers at (770) 485-6620 to explore other alternatives such as Chapter 13 bankruptcy.