Hinesville Bankruptcy Lawyers

Providing Experienced Debt Relief Bankruptcy Representation Throughout Georgia

Are you in a state of overwhelming debt? Unable to make ends meet? Harassed by your creditors or collection agencies? You are not alone. Many people throughout our state struggle with crushing debt brought on by many different factors. If you are in this stressful position, you need viable solutions from a trusted source who has your best interests at heart.

At Pirkle & Pirkle Law, we have been providing debt relief and bankruptcy solutions to individuals throughout or community for decades. We know how difficult it can be to face the frustration, anxiety, and confusion of out-of-control consumer debt. If you are in such a difficult position, you can turn to our Liberty County bankruptcy attorneys who will provide you with the caring and competent professional assistance you need to help you get your financial life resolved so that you can move on to a better and brighter future.

Overwhelmed with consumer debt? Get an honest evaluation of where you stand and available debt relief solutions by contacting us online or giving us a call. Your initial consultation is free.

Bankruptcy & Debt Relief Cases in Georgia

Many people fall into overwhelming debt in various ways from financial outlay for divorce and other legal actions to serious illness and injury to job loss, reduced hours, or demotion, poor financial advice or decisions, and more. Whatever the reason, being unable to pay your bills and threatened by creditors can break down your physical and emotional health, personal relationships, and family dynamics. The best action you can take is to get knowledgeable information about how to handle the situation that works best for you and aligns with your own objectives.

You may be facing compounded interest, collection agencies, legal action, repossession, garnishment of wages, and foreclosure. All of these threats need serious attention. At Pirkle & Pirkle Law, we can sit down with you, listen to the specifics of your situation, and devise a plan that is tailored to your specific needs.

Different Forms of Debt Relief

The various forms of debt relief can include:

• Chapter 7 bankruptcy known as straight bankruptcy
• Chapter 13 bankruptcy, known as the wage earners’ bankruptcy
• Chapter 12 bankruptcy, a reorganization form of bankruptcy for family farmers and family fishermen
• Chapter 11 bankruptcy, the reorganization form of bankruptcy usually for corporations or partnerships
• Debt consolidation where creditors are paid off by means of a new consolidating low interest loan
• Debt settlement where the terms of your debts may be renegotiated into more favorable arrangements

Understanding Chapter 7 Bankruptcy

This is the most common form of bankruptcy in which most of your unsecured debt, such as credit card debt, medical and dental bills, payday loans, and more are discharged after your nonexempt assets have been liquidated. Property that is generally exempt from liquidation include such things as your cars (up to a certain value), a portion of your home equity, clothing, appliances, furniture, tools of the trade, pensions, and public benefits. As soon as you file, the court establishes an automatic stay that prohibits your creditors from contacting you for payment; they must go through the court.

Navigating Chapter 13 Bankruptcy

This form of bankruptcy is designed for those who have a reliable and steady income but still owe more than is manageable. It also has specific debt-level limit requirements. In a Chapter 13, you create a three to five-year plan to slowly pay off your creditors through your bankruptcy trustee. Collection efforts will also stop through the automatic stay. You make one monthly payment and, once the plan is completed, the remainder of debt owing is discharged.

Chapter 11 Bankruptcy

This form of bankruptcy is available to almost any person or business without any specific requirements for income or debt level. It is generally used by businesses as it is the most expensive type of bankruptcy. It allows you to restructure debt while you continue business operations as the debtor in possession. Under Chapter 11, you must get court approval for major business decisions, however, such as selling assets, getting new loans, expanding, or shutting down.

Chapter 12 Bankruptcy

This is a newer form of bankruptcy that is similar to a Chapter 13 but is designed to protect family farmers and family fishermen. Under Chapter 12, your finances will be restructured. You must have a stable income in order to make payments on your debts, are limited in the amount of debt you owe, and must owe a certain percentage of your debt for farming or fishing operations. Chapter 12 allows you to avoid liquidation or foreclosure.

Contact Pirkle & Pirkle Law Today

Our Liberty County bankruptcy attorneys are well-versed in the laws and procedures of all bankruptcy chapters as well as in other available methods of debt relief. We urge you to reach out to our veteran attorneys to help you determine what is right for you and to get started on handling your financial crisis and moving forward into a better and brighter future.

Contact us or give us a call for legal assistance today from an experienced Jesup bankruptcy attorney at Pirkle & Pirkle Law.