Chapter 13 Bankruptcy Lawyers in Birmingham, Alabama
People who visit our office have often tried everything to pay off their debt. They are scared about losing their homes, their cars and their pride. At the Law Offices of Max C. Pope, Jr., we understand what you are going through and can work with you to find a solution to your difficulties.
Free, No-Risk Initial Consultations. Call 205-327-5566 Or E-Mail Us.
Many people choose to file a Chapter 13 bankruptcy petition. Once that petition is filed in bankruptcy court, it immediately stops efforts against you to collect debt, including repossession, creditor harassment, wage garnishment and foreclosure proceedings until your bankruptcy is resolved.
Our firm provides you with clear, understandable guidance about whether debt renegotiation or Chapter 13 bankruptcy is the most appropriate course of action for you. We look carefully at all aspects of your individual financial circumstances, your past financial history and your goals.
Talk to an experienced attorney before you fall too far behind. We offer a free initial consultation, during which we can provide you with a general assessment of your legal options based on our years of experience.
Bankruptcy is not the right solution for everyone. Many people may seek to file Chapter 7 bankruptcy, but qualify for a Chapter 13 bankruptcy instead. Chapter 13 bankruptcy involves consolidating all of your debt and reorganizing it into a repayment plan over three to five years. You pay one sum every month to your bankruptcy trustee. That trustee distributes your payment to your creditors. You must have enough future income to be able to pay back your debt to exercise this option.
Items that we need to help you as quickly as possible include:
- Tax returns
- All of your bills, including medical debt, consumer debt, student loans and installment agreements
- Any lawsuits or pending actions against you
- Tax assessments of your property, mortgage and home equity
- Six months' worth of income pay stubs
- Six months' worth of bank statements
- Divorce decrees
- Vehicle information and proof of ownership
- Driver's license and social security card
In a Chapter 13 bankruptcy, timing matters. We will guide you as to the appropriate timing of your filing. If you have just lost your job, for example, it may be more prudent to wait until your income drops further.
Call our Birmingham, Alabama, law office today for a practical, effective approach to financial solvency: 205-327-5566. Contact us online.
