Oconee County, GA Chapter 13 attorney

Any individual, either self employed or employed with any organization may file a chapter 13 bankruptcy in Oconee County, GA and obtain protection under it. The only condition is that his unsecured debts should be lower than $336,900 and secured part of the debts below $ 1,010,650. No corporation may seek assistance or file chapter 13. A person cannot file for chapter 13 if his bankruptcy application was dismissed 180 days prior to the filing. An experienced Oconee County, GA Chapter 13 Bankruptcy can help you file for Chapter 13 Bankruptcy. Bankruptcy is a really terrible state to be in, for any individual or an organization. But even in such difficult times, there are ways to handle such situations. Chapter 13 Bankruptcy helps individuals only, to come out of financial crisis under the guidance of a federal bankruptcy court. The debtor with a regular income can restructure his financial position with the help of Chapter 13 Bankruptcy. The debtor must propose a plan with the assistance 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 Oconee County, GA.

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