Chapter 13

Statesville, North Carolina, Chapter 13 Bankruptcy Lawyers

Debt Relief ◦ Rebuilding Credit

Chapter 13 is a form of personal bankruptcy, which is in effect a repayment plan. Debt is reorganized into a monthly payment. Debtors pay off their debt over a three to five year period. The bankruptcy attorneys at Law Offices of Robert H. Gourley Jr., P.A., will review your financial situation and help you determine whether filing Chapter 13 bankruptcy is right for you.

Our firm has more than 24 years of experience assisting individuals with personal debt relief. We understand that you want to pay off debt, but sometimes bankruptcy is the only way out of a troubling financial situation. To schedule the first of two face-to-face free initial consultations with an experienced Chapter 13 bankruptcy lawyer contact us today.

Advantages of Filing Chapter 13

Through Chapter 13 bankruptcy, you may be able to prevent or stop foreclosures by catching up ("curing") mortgage arrearages (payments that you are behind on) on your home. It may prevent repossession of your car or other personal property. It may also lower your vehicle payments. Chapter 13 may also prevent repossessions and provide a repayment plan for back taxes.

The Truth About Chapter 13 Bankruptcy

There are several bankruptcy myths that distort reality about achieving debt relief. Here are some truths about Chapter 13 filings:

  • Contrary to what you may have heard, it is rare to have to do a Chapter 13 repayment plan due to your income.
  • Although a Chapter 13 bankruptcy is a repayment plan, you will still have a bankruptcy filing on your credit report.
  • Filing Chapter 13 bankruptcy will not lower your mortgage payments.

Your lawyer will explain all truths about bankruptcy so you can make an informed decision about whether Chapter 13 bankruptcy will meet your needs.

Contact Us Today

We offer personalized service and the benefit of our experience and positive reputation. Contact us by phone or e-mail to schedule your first face-to-face free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.