If you’re overwhelmed financially and unable to pay your mounting bills, bankruptcy may be a viable solution to your problem. Though the bankruptcy process can vary depending on your lifestyle and profession, there’s a good chance it will be able to offer quick debt relief.
H. Lehman Franklin, P.C., is proud to provide some of the most experienced bankruptcy attorneys serving Emanuel County, Georgia. With over 30 years of combined experience, our team is here to guide you on the road out of financial hardship.
When To File for Bankruptcy in Emanuel County GA?
There are many ways someone could end up with insurmountable debts. A sudden health crisis might leave behind bills you simply can’t pay, just as a tough divorce might.
With the right bankruptcy lawyer on your side, there’s always a way out of debt.
Before you file, it’s important to look over your financial situation carefully. Have you exhausted all the options to this point? Do you know what type of bankruptcy you should file for?
Our Emanuel County bankruptcy lawyers are here to help you answer these questions.
How to Navigate the U.S. Bankruptcy Code
The U.S. Bankruptcy Code is filled with details and rules that you’ll need to have some understanding of in order to file. In order to navigate the process, you’ll want to seek experienced legal counsel.
Our attorneys will help Emanuel County residents determine the bankruptcy chapter that best fits their circumstances.
- Chapter 13 Bankruptcy: For people with a steady income who want to pay off their debt incrementally over time. This type of bankruptcy often helps people catch up on mortgage payments, car payments, and other debts.
- Chapter 7 Bankruptcy: For people who cannot pay off their debt. Though liquidation of assets does not usually occur with this chapter, it can in some cases.
- Chapter 11 Bankruptcy: For businesses and consumer debtors with many assets in their name. There are special provisions for individuals or corporations that qualify as small business debtors to make filing for Chapter 11 simpler.
- Chapter 12 Bankruptcy: For family farmers and fishermen. It is similar to Chapter 13 as payments are made to creditors over time.
What Happens After You File in Emanuel County GA?
After you file for bankruptcy, you’ll be granted an automatic stay on much of your debt. The stay is sort of like a blocker, preventing creditors from hassling you with calls, letters, or collections.
Many of your most treasured assets should be safe from collection after you file for bankruptcy. This means that much of your anxiety will abate right away.
File with H. Lehman Franklin, P.C.
With all the rules and regulations built into the U.S. Bankruptcy Code, you need to be very careful when you’re filing. Choose two of the most experienced bankruptcy lawyers in Emanuel County, GA, to ensure it’s done right.
Schedule A Free Bankruptcy Consultation in Emanuel County Today
Debt is an incredible burden, but it’s not one that you have to shoulder alone. The team at H. Lehman Franklin, P.C., is here to help Emanuel County residents find their way out of debt.
Want to meet with our team? Initial consultations are free, so don’t hesitate to schedule. If we can take on your case at this time, we’ll start planning a course of action right away. Schedule your consultation now!