Douglas & Cobb County Chapter 13 Attorney

Bankruptcy Repayment Plans

As with other types of bankruptcy, Chapter 13 is designed to give you a fresh start to your finances. The key element of Chapter 13 is the preparation, filing and use of a repayment plan in which all or a portion of your debts will be paid in installments, over a 3-5 year period. You will be able to retain your property while regaining control over your finances.

Commonly, Chapter 13 allows you to get rid of all or part of your unsecured debts without repayment. With secured debts, such as your auto loan, this form of bankruptcy allows you to lower your interest rates, making your payments more manageable. If you are facing vehicle repossession, need foreclosure defense, suffer creditor harassment or other dire financial situations, a knowledgeable Douglas County bankruptcy lawyer from The Faucette Law Firm, LLC can help to determine if Chapter 13 is the right tool to obtain needed debt relief.

As members of the American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys, our lawyers have successfully assisted thousands with the process of bankruptcy. What sets us apart is our personalized service and that we are always here to answer your questions and provide experienced legal advice.

Filing for Chapter 13

Chapter 13 begins with a petition to the court, prepared by our firm on your behalf. It is accompanied with your debt repayment plan which will be reviewed by the court and your creditors. Our years of favorably resolving debt problems are utilized in formulating a plan designed to meet legal requirements and satisfy your creditors. It is all done, however, with the overall goal in mind of giving you a new start and a realistic way to pay off your debts.

With the filing of your petition, creditors are no longer able to contact you or take any actions to collect on debts you owe. You must, however, follow the approved repayment plan and carry through on your agreements in order to become debt free.

To help our clients, we have appointments available 7 days a week. We work with the purpose that your phone calls will not be ignored, your questions will be answered and your lawyer will stay with you throughout the entire process. We assist people from Douglasville, Fulton County and Cobb County as well as Douglas County.

Contact a Douglas & Cobb County Chapter 13 attorney when you have unmanageable debts and want to regain financial control.