Filing for bankruptcy is easy with the right information and lawyer
Here at the Law office of W. Thomas Bible, Jr., you'll get knowledgeable bankruptcy representation. We'll take you through all the steps and see to it that you understand all the options available to you before you make any decision.
Understand Chapter 13 bankruptcy
Chapter 13 bankruptcy is a good choice for those who have a steady flow of income; this is used to slowly pay off debt in the next 3 - 5 years. This is why it's also known as the "wage earner's plan." When you file for bankruptcy under Chapter 13, you get the same protection as you do with Chapter 7, i.e., there's an immediate stop to creditor actions, like home foreclosure and vehicle repossession.
This gives those who are a little behind on payments a chance to rethink, reorganize and catch up on how they manage their debt. The time allotted to you, whether it's 3 or 5 years, also depends on the results of the Means test.
Find support with our Chapter 13 services
- Helping clients who are behind on their mortgage
- Assisting in debt renegotiation for better terms
- Payment plans that permit continued ownership of house, car, etc.
Regain control of your finances
At times it may seem that you have lost control of your finances, you find that your bills keep mounting up but there is no help in sight. Don't let your debt drag you down. At Law office of W. Thomas Bible, Jr., in Chattanooga you can get legal advice that can save you plenty of worry. Filing for Chapter 13 will give you time to get on track.
Did you know that Chapter 13 filing may affect your past-due child support? To find out how, call us for a FREE consultation.
Get help no matter where you are — Chattanooga, Dalton, Hixson or even Athens!