Decatur Bankruptcy Attorneys

Georgia lawyer executes chapter 7 and chapter 13 plans

With a population of about 25,000, Decatur is a part of metro-Atlanta, but its artistic community, vibrant downtown and historic architecture combine to give it a distinct small-town charm. Landmarks include historic Decatur Square, a vibrant site for community events and local businesses. If you are a Decatur resident dealing with unmanageable debt, it may be time to speak to Jeff Field & Associates. Our Decatur bankruptcy attorneys have helped numerous honest but unfortunate debtors obtain financial relief and put their lives back on track.

Is bankruptcy right for you?

Bankruptcy is typically suitable for those who are unable to meet monthly debt obligations, are facing creditor harassment or are at risk of foreclosure or repossession. However, some debts cannot be discharged, such as child support, student loans, and most taxes. A skilled bankruptcy lawyer can conduct a thorough evaluation of your situation to determine whether bankruptcy is your best option, as compared with debt settlement or credit counseling.

Resolve your debt fast with Chapter 7 bankruptcy

Chapter 7 bankruptcy might be the right option if you have low income and you’re looking for a fresh financial start. Chapter 7 allows consumers to discharge most unsecured debts — including credit cards, medical bills and personal loans — within a few months. Contrary to what you may have heard about losing your assets, the law provides exemptions that protect most or all of your essential possessions. 

Consolidate and manage your debt with Chapter 13 protection

Is Chapter 13 the right option? If you have steady income and you need more time to repay heavy debt, Chapter 13 bankruptcy offers a solution. You can consolidate your unsecured debt into a manageable three-year or five-year repayment plan, which the bankruptcy court trustee supervises. You can catch up on missed mortgage and/or car payments while stopping foreclosure and repossession. 

Regaining control after bankruptcy

Your credit rating takes an immediate hit after filing bankruptcy, but with prudent financial management, you can start rebuilding credit fairly quickly. Recovering after bankruptcy is a step-by-step process that doesn’t happen overnight. However, the relief you obtain and the peace of mind that comes with it vastly outweighs the inconvenience you undergo for the first couple of years after filing. In a short time, you’ll be able to obtain credit cards and apply for other credit. 

Contact a Decatur bankruptcy lawyer for personalized debt relief service

If you are looking for a way out of crushing debt, let Jeff Field & Associates provide the personal attention and guidance you need. Our Decatur office is located at 437 E. Ponce de Leon Ave. with easy access from College Avenue and Commerce Drive. To schedule a free consultation, call us today or contact us online.