Consumer Bankruptcy: Chapter 7 and Chapter 13

At Jennie Patton Attorney at Law, we handle both Chapter 7 and Chapter 13 consumer bankruptcies. Let’s break down what each type of bankruptcy entails and how they might fit your needs.

Chapter 7 Bankruptcy: A Fresh Start

Chapter 7 bankruptcy is designed to discharge or eliminate debt, offering you a fresh financial start. One of the great advantages of Chapter 7 is that there are no payments during the case. Once filed in court, these bankruptcies typically take about 3 and a half months to complete. It’s a relatively quick process to help you move forward with your life.

Chapter 13 Bankruptcy: A Structured Repayment Plan

On the other hand, Chapter 13 bankruptcy revolves around a structured repayment plan. Think of it as a type of debt consolidation. This option is often considered by people with higher incomes and more assets. It allows you to repay your debts over time, making it a good fit for those who can manage regular payments.

Choosing the Right Bankruptcy for You

Deciding which type of bankruptcy to file for largely depends on your unique financial situation. It’s not a one-size-fits-all decision, and that’s where Ms. Patton comes in. She offers initial consultations at no charge to discuss the various factors involved in your case.

Get Started Today

We invite you to contact us and schedule an appointment. Jennie Patton Attorney at Law is here to provide expert guidance and compassionate support, helping you navigate your legal challenges with confidence and care. Let’s take the first step towards your financial recovery together.