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.

Chapter 13 Eligibility

Some debtors may recognize that they are not entirely without a means to achieve their goals of becoming debt-free, but cannot attain such financial stability alone. As a result, Chapter 13 bankruptcy can help debtors who wish to enter into bankruptcy as a means to assist debt payment and help prevent foreclosure and repossession. However, there are a number of rules concerning eligibility for Chapter 13.

If you need help getting out of debt, contact Birmingham Chapter 13 bankruptcy attorney Paula Greenway at (205) 324-4000 to learn more about your options.

Chapter 13 Eligibility and Disqualification

Unlike Chapter 7, Chapter 13 bankruptcy permits debtors to retain much of their property while working off their debts to creditors. However, there are certain grounds that may disqualify a debtor from filing for this type of bankruptcy. Major eligibility rules regarding Chapter 13 include:

  • Debtors should have a steady income
  • Debtors are permitted to be self-employed
  • Secured and unsecured debts cannot exceed adjusted amounts
  • A debtor cannot file within 180 days after a dismissed bankruptcy case
  • A debtor must attend credit counseling sessions within 180 days before filing

As the primary purpose of Chapter 13 bankruptcy is to provide debtors with a means to work through their debts in a structured environment, these standards are established in order to improve the rate of debtors who can plausibly repay their creditors.

Contact Us

Bankruptcy can be an effective solution for regaining control of your finances. However, without the knowledge and advice that an attorney can provide, the process can be difficult to handle. For assistance with your case, contact Birmingham Chapter 13 bankruptcy attorney Paula Greenway by calling (205) 324-4000 today.

"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 Bankruptcy Law, LLC 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 Bankruptcy Law, LLC for the way in which they handled my bankruptcy case."
Robert M.
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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
Tuscaloosa: (205) 737-3350
Gadsden: (256) 467-6650

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