Filing for Bankruptcy in Georgia
Debt can make you feel like you're carrying the weight of the world on your shoulders. If you're experiencing a financial setback, it's easy to get behind, but it can be nearly impossible to get caught back up. By the time you can afford to make the payment you missed, the next one is due, and your creditor has added an unreasonable late fee plus interest to your bill. Sometimes it feels like you can't do anything but watch yourself slip deeper and deeper into debt.
It's time to take action! Filing for bankruptcy can lift the burden of perpetual debt off your back so that you can retake control of your life. Call or text DebtStoppers today at 678-673-2142 to request your zero-cost personal debt evaluation with one of our skilled Atlanta lawyers, and learn how bankruptcy can get you over this bump in the road.
How To File for Bankruptcy in Georgia Step by Step?
Once DebtStoppers has customized a debt relief plan for your family, the steps for filing are relatively straightforward. First, you'll need to satisfy a few conditions:
- Completion of credit counseling with a qualified credit counselor. These classes are offered online, and DebtStoppers can make all the arrangements.
- Participation in a debtor instruction or financial management course.
Once you've qualified, you or your lawyer will initiate proceedings by submitting a petition in the bankruptcy court nearest to you.
What You Need To Know About Filing for Chapter 7 and Chapter 13?
When filing for bankruptcy in Georgia, you can choose between Chapters 7 and 13. 7 enables you to wipe out most of your consumer debts at start fresh. In contrast, 13 reduces your debts and allows you to pay them over 3 to 5 years.
To qualify for Chapter 7, your household and disposable income can't exceed certain limits. If your income is too high, you can't file for 7, but you may still qualify for Chapter 13.
Key Aspects of Georgia Laws
As soon as you file your bankruptcy petition, the court will issue an "automatic stay" prohibiting your creditors from trying to collect your debts. (Or even contacting you!) This court order provides immediate relief from creditor harassment and stops collection activities such as foreclosure or repossession that are already in progress.
How Much Does It Cost?
As every family's situation is different, the cost of our legal fees will fluctuate between cases, but our rates are some of the most reasonable in Georgia. We also offer affordable payment plans that allow you to pay for our legal fees over time.
In addition to attorney fees, Georgia Chapter 7 filers must pay a $355 filing fee. (For Chapter 13, the cost is $310). DebtStoppers is one of the only firms in the nation that will advance the Chapter 7 filing fee to the court, empowering you to gain relief sooner rather than later.
Filing for bankruptcy can be stressful and challenging. Fortunately, you don't have to do it alone. For more information about filing for bankruptcy, call or text DebtStoppers today at 678-673-2142 to schedule a free consultation with one of our experienced Georgia attorneys.
Get the weight of the world off your shoulders! Call or text 312-913-0630 to learn more about filing for bankruptcy in Georgia.