Why You Should Consider Filing Chapter 13 sdBankruptcy in Atlanta

Why You Should Consider Filing Chapter 13 sdBankruptcy in Atlanta Explained By A Bankruptcy Attorne

Atlanta bankruptcy lawyer before you file. Be sure you hire a somekeyword with extensive experience in bankruptcy law so he can answer all your questions about bankruptcy and how filing will affect you, your property and your future.somekeyword somekeyword somekeyword somekeyword">Take a look at the following 12 reasons that you should think about filing Chapter 13 in Atlanta:

1. You can include past due mortgage payments in your plan if you are facing foreclosure. This way you have the whole length of the plan to make these payments, get caught up and save your house.


2. Flexibility - You can dismiss the case at any time or convert it to a Chapter 7. Moreover, you can modify the payment plan if you have a change in income or decide to give up a house or car. You are also allowed to refinance or sell your house during the time of your plan.


3. If you have an 'unsecured' second mortgage, you can use Chapter 13 to remove it from your home.


4. Any costs added to your mortgage by your lender can be challenged.


5. You can include debts that are not allowed in a Chapter 7 like some divorce payments.


6. Trustees are on your side and want to help you be successful.


7. Reaffirming your car isn't necessary in order to keep it.


8. Attorney fees can be paid over time instead of prior to filing.


9. You can extend your payments for a car or other secured debt.


10. You will have up to 5 years to get caught up on past due taxes or child support/alimony obligations.


11. Regardless of whether or not your property is exempt, you will not lose any of it.


12. A Chapter 13 case cannot be challenged by the US Trustee based on your income, unlike a Chapter 7 case.


There is still a stigma of failure attached to filing for bankruptcy. But it's important to realize that filing for bankruptcy allows you to clean the slate and have a fresh start. There are pros and cons to both Chapter 7 and Chapter 13 so it's a good idea to speak with a skilled somekeyword before you file. Be sure you hire a somekeyword with extensive experience in bankruptcy law so he can answer all your questions about bankruptcy and how filing will affect you, your property and your future.somekeyword somekeyword somekeyword somekeyword