Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

Benefits of Chapter 13 Bankruptcy

The Bankruptcy Code of the United States offers individual debtors two different options when filing for bankruptcy, each of which has their own strengths and merits. If a debtor has the means to work his or her way through the debts, but only with court assistance, they may choose to file under Chapter 13 bankruptcy. Compared to Chapter 7, Chapter 13 bankruptcy permits debtors to go through the bankruptcy process without some of the more severe property repossessions or credit report penalties while paying off their debts.

For assistance with your bankruptcy filing and legal advice that could prove important to you, contact a Birmingham Chapter 13 bankruptcy attorney from Greenway Law, LLC by calling (205) 324-4000 today.

Why File Chapter 13?

Chapter 7 bankruptcy is usually used in cases when debtors need to completely eliminate their debt, while Chapter 13 is preferred when debtors need limited assistance to work through their financial issues. As a result of the reduced interference of the court, debtors who go through the Chapter 13 process can enjoy the following benefits:

  • Protection from creditors
  • Lower debt payment plans that eventually pay off debts
  • Ability to retain certain personal properties, including real estate
  • Different debt discharge policies
  • Lessened credit score impact as compared to Chapter 7

Generally speaking, unless a debtor is caught in a situation where it would be impractical to even attempt to repay certain debts, Chapter 13 is the preferred mode of filing for bankruptcy. This system, although more stringent about paying creditors on time, may allow a debtor to feel less like they are being punished for their debts, and more as if they are being given a second chance.

Contact Us

If you are considering bankruptcy and think Chapter 13 may be right for you, contact a Birmingham Chapter 13 bankruptcy lawyer from Greenway Law, LLC today at (205) 324-4000 for more information.

"When I had my power cut off because I just didn't have the money to pay the power bill, a friend suggested I call Paula Greenway. From the moment I walked in her office I felt like a burden was lifted from my shoulders."
Robin M
"I would just like to say that I was impressed by the staff of Greenway Law and their attention to professionalism. They made the bankruptcy process not only pleasant but simple."
Jennifer S.
I can't tell how comforting it is to know your attorney is working on your case. I would and have recommended their service to friend and associates."Ed H.
"I would like to thank Greenway Law for the way in which they handled my bankruptcy case."
Robert M.
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Greenway Law LLC. All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Greenway Law, LLC. 505 20th St N #1220, Birmingham, AL, 35203 | Phone Number: (205) 324-4000 |  Directions | Paula Greenway+