Athens, Georgia Chapter 13 attorney

Any person, either self employed or employed with an organization can file a chapter 13 bankruptcy in Athens, Georgia and seek protection under it. The only condition is that the unsecured debts should be less than $336,900 and secured part of the debts less than $ 1,010,650. No organization can seek assistance or file chapter 13. A person cannot file for chapter 13 when his bankruptcy petition was dismissed 180 days before the filing. An experienced Athens, Georgia Chapter 13 Bankruptcy can assist you file for Chapter 13 Bankruptcy. Bankruptcy is a really terrible state to be in, for any person or an organization. But even in such difficult times, there are ways to handle such situations. Chapter 13 Bankruptcy helps individuals only, to work out of financial crisis under the guidance of a federal bankruptcy court. A debtor having a regular income can restructure his financial position with the help of Chapter 13 Bankruptcy. The debtor should submit a plan with the help of which he or she can repay all his outstanding debts in 3 to 5 years. Five years is the maximum time period of the repayment plan for a Chapter 13 Bankruptcy in Athens, Georgia.

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