Filing a chapter 13 in Valdosta area can be one of the best choices you ever make for your future. Financial issues do not resolve themselves on their own as a matter of fact they normally snowball into something much greater as time goes on. So many people have gotten debt relief from chapter 13. This plan under the bankruptcy laws is sometimes called a wage earners plan because it allows people that are employed to restructure their debt and make one easy monthly payment to take care of their financial obligations to creditors.
The Relief
It can be so overwhelming when you are trying every month to juggle bills. Of course creditors do not understand because their job is to collect money. They do not care if you are:
- Sick
- Recently unemployed or under employed
- Gone through a divorce
- Have had to deal with a death in the family
- Or the other 10,000 emergencies that life can throw your way
The relief from bankruptcy is more than relief from debt it is the relief of not having to deal with sometimes very rude debt collectors. Once you file you will not be afraid to answer your phone anymore. You will not have to worry about your car being repossessed or losing your family home. The relief goes far beyond the financial benefits. You can get back to your life full steam ahead. It is an easy solution to some very tough problems. There have been cases where people have lost their jobs from debt collectors calling so much. It can be a very scary stressful time but it does not have to be.
Paying Your Debts
One of the nice things about a 13 is that you do pay back most all of your creditors but you are given time to take care of the debts and you are not strangled by the constant phone calls and threats. There are many debts that are eligible for forgiveness under this type of filing. An attorney that specializes in bankruptcy will be able to go over all the details with you.
If you are a wage earner and you can pay back what you owe but you just need some time and a little space this is the plan for you. You do not have to live a life afraid to answer your phone. You can get the relief that is there for the taking!
