Chapter 13 Bankruptcy

Chapter 13 and Chapter 7 bankruptcy are two of the most common solutions to help you regain control of your debts. The Carr Law Group has decades of experience serving individuals, families and businesses all throughout Northeast Georgia.

Chapter 13 bankruptcy, also known as a reorganization bankruptcy, assists you in coming up with a plan to repay your debts.  One of the most appealing components of Chapter 13 bankruptcy is that it provides a way for you to keep your home and cars, even if foreclosure and repossession are imminent. The goal is to help you get a grip on your debts and come up with a plan that sets you up to successfully catch up missed payments and often substantially reduce your monthly out-of-pocket expenses. Our team is here to support you so that you do not have to navigate these difficult waters alone. 

Frequently Asked Questions

How does Chapter 13 work?

In this process, we will put together a repayment plan that allows you to catch up missed payments and pay off a portion of your outstanding debt over time, that most importantly fits within your budget. The repayment plan usually lasts 36 to 60 months and is controlled by several factors that will be discussed in your initial consultation.

Can I keep my home and property in a Chapter 13?

Yes. Your assets will not be sold when you file for Chapter 13 protection. This is often the best solution if you want to keep your assets, including your home and car.

How long is the entire Chapter 13 process?

The process for Chapter 13 bankruptcy is a bit more complex than Chapter 7. The whole process typically takes somewhere around 3-5 years (36 months to 60 months) and is concluded upon completion of your plan payments.

Have more Frequently Asked Questions?

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Contact Us

To learn more about Chapter 13 eligibility, the process, and costs, give us a call at 706-754-9231 or fill out our quick contact form to schedule a free consultation. Our team is here to help you regain control of your finances and your life.