Chapter 13 Bankruptcy Attorney
in Birmingham, Alabama

When a high amount of debt begins to threaten the livelihood of you, your family, or your business, it is easy to feel overwhelmed and uncertain about the future. Our bankruptcy attorney at Elizabeth I. Johnson, LLC is here to help you with Chapter 13 bankruptcy so that you can seek a stress-free future. Chapter 13 bankruptcy allows individuals, families, and businesses to adjust debt to allow for more lenient payment plans. It is ideal for those who have a higher net worth, and hope to keep their assets and properties that may be in jeopardy. Contact our bankruptcy attorney today, and schedule a free consultation of your case. We are located in Birmingham, Alabama, and provide our services to those in Jefferson County, Shelby County, and Blount County, Alabama. 

Chapter 13 - Repayment Plan

If you are facing foreclosure, repossession, or garnishment, or if you owe back taxes, then a Chapter 13 bankruptcy (sometimes called Debtor's Court) may be the solution for you. Chapter 13 will stop foreclosures, repossessions, and garnishments. In Chapter 13, your debt is consolidated and you make payments to the court so that the debt is paid off over a period of up to five years. 

No More Interest or Fees

Chapter 13 can be very helpful because once it is filed, unsecured creditors (like credit cards and medical bills) do not receive interest, finance charges, or late fees while they are being repaid through Chapter 13. This helps you dig out from the debt without having more owed every month. 

How Chapter 13 Can Help You

Garnishments

If your paycheck is being garnished because of a judgment, you can file a Chapter 13 placing the entire amount of the judgment in your case. The garnishment will stop since the creditor will be paid through your case. 

Get in contact with our bankruptcy attorney – Elizabeth Johnson – and schedule your free consultation. We serve the areas of Birmingham, Jefferson County, Shelby County, and Blount County, Alabama.

Repossessions

Repossessions can be prevented by filing Chapter 13 if a vehicle or other item is in danger of being repossessed, you can file a Chapter 13 and place the entire debt in the case. The item will be protected and the creditor will be paid over the time of your case.  Remember that your vehicle will NOT be protected until Chapter 13 is filed. If it is repossessed before you file, you may not be able to get it back. 

Stopping Foreclosure

If a foreclosure is approaching, Chapter 13 can stop it. If you file the Chapter 13 before the foreclosure date, then you can repay the amount that you are behind on the mortgage through your Chapter 13 plan. (You will still have a regular mortgage payment to make each month).  There is a lot that has to be done before Chapter 13 can be filed, so DO NOT WAIT until the last minute. Contact us well before the foreclosure date so you don't run out of time. 

Taxes and Student Loans

Back taxes and student loans can be repaid through a Chapter 13 case. 

How Much Will My Payments Be?

Unfortunately, this question is too complex to be answered without knowing each individual's situation. The amount is based on how much you owe, the interest you owe on secured items, the length of your plan, and on the percentage, you will pay to your unsecured creditors. When you come in for a free consultation, we should be able to determine this amount. Reach out to our lead attorney in Birmingham, Alabama, to learn how our services can benefit you. 

We are also able to assist you with Chapter 7 bankruptcy. Contact us to learn more. 

Schedule Your Free Consultation With a Chapter 13 Bankruptcy Attorney Today

While it seems like most individuals, families, or businesses have financial struggles, it should never be the norm. Our Chapter 13 bankruptcy attorney is here to help you find a solution that fits your specific needs. Get in contact with us today and schedule your free consultation. We represent those in Birmingham, Jefferson County, Shelby County, and Blount County, Alabama.