Chapter 13

Chapter 13 Debt Relief Attorneys

A Chapter 13 bankruptcy may be a viable option for individuals and families seeking to protect their home, prevent foreclosure, stop auto repossession, or pursue debt consolidation options. Chapter 13 will assist you in eliminating unsecured credit card debt, and to reorganize and reschedule payments for priority debt that may not be eliminated, such as taxes, home arrearages, car arrearages, to protect those assets. Many people file for a Chapter 13 when they do not qualify for Chapter 7. At Gillespie & Murphy, P.A., we are experienced in helping our clients obtain the financial relief that they need and deserve.

If you need legal advice on a debt elimination and reorganization plan, we can help! We understand your situation and we can assist you in getting the peace of mind and fresh financial start you deserve. Contact us for a free consultation today.

We can assist you with any of the following:

• Foreclosures
• Repossession
• Debt relief
• Employment and layoffs
• Medical calamities
• Credit card overload
• Creditor harassment
• Judgments
• Tax collection and wage garnishment
• Chapter 7 bankruptcies

Chapter 13 Debt Relief
Our attorneys know that bankruptcy may happen to anyone. Going through divorce, having a car accident, job loss or income reduction, or an illness in the family can bring unexpected financial consequences that lead to unmanageable debt. However, Chapter 13 bankruptcy can provide immediate relief from the overwhelming pressures of dealing with escalating credit card bills and creditor harassment. We can help you through the entire debt management process from start to finish, and help you get a fresh start.

Chapter 13 – Reorganization of Debts
Chapter 13 offers the same advantages to both individuals and small businesses as Chapter 7. It can help you stop foreclosure, stop repossession, end wage garnishment, stop creditor harassment, and eliminate credit card debt, while providing for a much more manageable debt elimination and reorganization plan that allows you to keep your hard-earned assets. Chapter 13 provides additional protection for your home and car because your repayment plan will let you eliminate these debts in much easier monthly payments from your wages.

Save Your Home and Keep Your Car
The greatest advantage of a debt repayment plan is that you will normally be allowed to keep your car, safeguard your home, and maintain other significant assets. Your debts will still be discharged and your creditors paid in smaller monthly installments from your own future earned income. Remember that no form of bankruptcy will discharge alimony, child support, or most student loans, but may provide a way to reorganize these debts.

Contact Gillespie & Murphy, P.A. to schedule a free consultation at our New Bern or Wilmington, North Carolina offices. We are lawyers with the dedication and experience to help you quickly obtain the relief you need through Chapter 13 bankruptcy.