Seeking Chapter 13 Bankruptcy Protection
Unlike some people who accumulate debt because of a sudden emergency, individuals and families who have steady income may benefit from the debt relief provided by a Chapter 13 bankruptcy.
Qualifying for Chapter 13 bankruptcy protection is a complicated process. I am bankruptcy lawyer R. Gregg Edwards, and I have served clients in Fayetteville, North Carolina, and throughout the region for more than 30 years. As your attorney, I can review your financial situation and determine if a Chapter 13 filing is the best way to get control of your finances and get a fresh start.
A Debt Repayment Plan For Those Who Can Afford It
Unlike a Chapter 7 bankruptcy, which quickly discharges all of your debts in a matter of months, a Chapter 13 involves entering into a repayment plan. Over a period of three to five years, your debts will be consolidated into a monthly, affordable payment. At the end of your repayment plan, your remaining unsecured debts will be discharged.
Many people worry that filing for bankruptcy will cost them everything. This is not true. I can work with the court to determine a payment amount that is fair and make sure you are taking advantage of exemptions to protect your assets.
Just like a Chapter 7 filing, a Chapter 13 bankruptcy will stop creditors in their tracks. If you are behind on your mortgage or car payments, your Chapter 13 filing can give you time to catch up on late payments without the constant threat of foreclosure or repossession hanging over you.
Contact An Experienced Bankruptcy Lawyer Today For Help
Fulfilling your obligations over the life of your bankruptcy plan takes hard work. I have helped people suffering from all types of financial struggles throughout my career, and I can help you get on the path to stability. Schedule a free consultation at my office today by contacting me online or calling 910-705-4890.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.