Greensboro and Winston-Salem Lawyers: Chapter 13 Bankruptcy
Chapter 7 bankruptcy allows you to discharge unsecured debt in order to get relief from creditors and collection agencies-but what if you are behind in mortgage or car payments? Chapter 7 bankruptcy will not help with mortgage or car payments. Thankfully, you may have the option of filing for Chapter 13 bankruptcy. Chapter 13 bankruptcy is a process by which you can consolidate your debt and slowly chip away at it over a three to five year payment plan. Through careful reorganization and court oversight during your repayment, you will be able to keep your home and steadily reduce your debt to manageable levels.
At Ling & Farran, we have helped thousands of clients move through the process of Chapter 13 bankruptcy. We represent you from the moment you walk in our door for your free consultation until the very end of your payment plan. Chapter 13 bankruptcy has the advantage of being very flexible: if your income or living expenses change significantly after you have begun your payment plan, you can modify it to account for your new circumstances. It is important to have a qualified attorney with you throughout, however, to help ensure that the process goes as smoothly as possible. If you would like to investigate the possibility of debt reorganization through Chapter 13 bankruptcy, contact our firm today to make an appointment for a free initial consultation.
Chapter 13 bankruptcy allows you to:
- Restructure your debt
- Work toward reducing secured debt through manageable monthly payments
- Keep the equity in your home
- Discharge your unsecured debt at the end of the term
Free consultation about your Chapter 13 bankruptcy case
Chapter 13 bankruptcy is not right for everyone. We will help you decide whether you would benefit from filing for Chapter 13 bankruptcy and help you move through the process with as little frustration as possible. Contact our firm today for a free consultation about your bankruptcy issue. Now more than ever you need experienced counsel due to changes in the bankruptcy law.
Ling & Farran
706 Green Valley Rd, Ste 505
Greensboro, NC 27408
Phone: (336) 272-2157
Toll-Free: (800) 333-3559
3411 Healy Drive, Suite D
Winston-Salem, NC 27103
Phone: (336)-722-9988
Toll-Free: (800) 333-3559