We file a repayment plan for all of your debts. The repayment plan can last as long as 60 months, giving you time to pay off your debts. This is not an immediate discharge of debt like with Chapter 7, but a way to pay your creditors and possibly save your home from foreclosure.
Advantages of Chapter 13:
- Stops foreclosure of your home - We get to pay any mortgage arrearage
back over 60 months and stop foreclosure of your home.
-Stops repossession of your car
-Stops wage garnishments
-Stops IRS levies
-Lower interest rates. We can lower the interest rate on your car. You pay no interest to unsecured creditors.
-Only remains on your credit report for 7 years.
Allows you to pay as much as you can on your debts over time.
Serving: Clayton County, Henry County, Fayette County, Spalding County, Lamar County, Butts County, Coweta County, South Fulton County, Dekalb County, Newton County, Douglas County, Gwinnett County, Rockdale County, Pike County, Troup County.