Monday, November 11, 2013

What are the Advantages of Chapter 13 Bankruptcy in Georgia?

One of the biggest advantages of Chapter 13 bankruptcy is it provides you an opportunity to save your home if you are facing foreclosure.

By filing Chapter 13, you can stop foreclosure proceedings and pay delinquent mortgage payments over time. Another advantage of Chapter 13 is that it allows you to pay other secured debts over the life of your Chapter 13 plan. The advantages to Chapter 13 versus Chapter 7 are many, but the main one is avoiding the need to liquidate your assets.

The bankruptcy attorneys at King and King provide Chapter 13 representation throughout Georgia. We will thoroughly evaluate your financial options with a free consultation and help you obtain a fresh start. Call us at 404-524-6400 or visit our website for more information at