Lawyers Helping You With Your Bankruptcy Options
The attorneys at Harriss and Hartman Law Firm, P.C., have long served as bankruptcy advisers for Northwest Georgia individuals considering their bankruptcy options. Since most of our clients coming to us is through word of mouth, our professional reputation means everything to us. It’s never been our goal to seek a retainer from clients. Instead, we try to provide the best possible representation so that you or a family member will come to our firm anytime in the future when a legal problem arises.
Is Bankruptcy The Right Option For You?
Deciding whether bankruptcy is right for you depends upon your personal circumstances. Though not the right option for every occasion, bankruptcy provides in certain instances financially strapped individuals fresh starts.
Keep in mind, however, that not all bankruptcies serve the same purpose. One sort of bankruptcy, for example, may only resolve a certain set of problems and not others. The two most common forms of bankruptcy are Chapter 7 and Chapter 13 bankruptcy.
Chapter 7 bankruptcy, sometimes known as liquidation bankruptcy, allows for you to achieve a fresh start by eliminating all unsecured debt through a bankruptcy filing. This form of bankruptcy puts a stop to wage garnishment and telephone calls from creditors, but it will not put a stop to foreclosure proceedings or prevent property seizures on secured debt. Filing Chapter 7 allows for a bankruptcy trustee to liquidate certain property to pay the creditors. However, exemptions in the Bankruptcy Code prevent certain types of property from liquidation.
Chapter 13 bankruptcy allows for you to reorganize or restructure your debt to make your debt payments more manageable. While not eliminating debt in the same manner as Chapter 7, it allows for you to consolidate your debt and pay it back to creditors through a payment plan approved by the court. Such payment restructuring often makes it less difficult for you to continue making house payments and not face wage garnishment circumstances.
Whatever option you choose, the lawyers at our law firm are in your corner. Our No. 1 concern is the meeting of your needs. We guide you through the various bankruptcy options in making certain you make the correct choice.
Contact Harriss And Hartman Law Firm, P.C.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.