Gail C. Robinson Attorney at Law | Lawyers - Bankruptcy
If you are facing foreclosure, losing your car, drowning in credit card debt or medical bills, there are two types of consumer bankruptcy that may be your answer:
You can choose the kind of bankruptcy that best meets your needs (provided you meet certain qualifications):Chapter 7- A trustee is appointed to take over your property. You may be able to keep some or most personal items and possibly real estate depending on the law of the State where you live and applicable federal laws. Chapter 7 will eliminate most kinds of unsecured debt such as credit cards, medical bills, and deficiencies on repossessed vehicles.Chapter 13- You can usually keep your property, but you must earn wages or have some other source of regular income, and you must agree to pay part of your income to your creditors. The court must approve your repayment plan and your budget. A trustee is appointed and will collect the payments from you, pay your creditors, and make sure you live up to the terms of your repayment plan. While in a Chapter 13 repayment plan, the creditors are not allowed to collect from you.
Gail Robinson has been practicing law for 14 years and is a graduate of the University of Georgia School of Law. Her primary practice areas are bankruptcy, uncontested divorce matters, adoptions, and wills. There is no charge for Bankruptcy consultation.Gail Robinson is the professional attorney that you need to help you through this difficult time.Contact her before your time runs out.