Dozier Law, P.C. Bankruptcy Attorneys

Attorneys With The Expertise To Get Your Financial Situation In Order

Having too much personal or business debt can happen to anyone, and this can spiral out of control and make your life miserable. This can be due to a lost job, medical expenses, a divorce, business issues, and many other reasons.

Bankruptcy is a legal right that you have for relief from unaffordable debt. This is a right that you should use to get the relief that you deserve. Dozier Law, P.C. Bankruptcy Attorneys in Rincon, Effingham County, Georgia will work with you to determine the best course of action. This could be either a Chapter 7 Bankruptcy or a Chapter 13 Wage Earners Reorganization. In some cases we may suggest considering alternatives such as debt consolidation, debt management, or a debt settlement plan. Our goal is to find the best possible solution for you to restore your financial stability and get your life back.

When a Bankruptcy petition is filed, we will stop the following from happening to you:

• Debt collection calls
• Wage garnishments
• Mortgage foreclosures
• Vehicle repossessions
• Creditor lawsuits
• Tax levies
• Attachment proceedings
• Qualifying judicial liens

The bankruptcy petition filing results in an automatic stay being issued by the court which requires that all collection and other activities are halted. This provides the necessary time to put together and submit to the court either a detailed Chapter 7 Bankruptcy plan or a Chapter 13 Wage Earners Reorganization plan.

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is a way to eliminate all or part of your debt and provide a fresh start. If you cannot cover all of your bills each month, struggle with high credit card debt and the minimum payments required, have high late fees/interest payments on debt, calls from creditors, potential foreclosure on your home or repossession of a vehicle, a Chapter 7 filing could be the right thing for you. A Chapter 7 filing requires a means test that is based on income which must be passed to qualify.

The law recognizes a goal of being able to continue with the essentials of living when a Chapter 7 filing is made and has a list of exemptions to support this. In Georgia, if you own a home you may be able to stay in the home and protect a specific amount of equity. The same applies to one vehicle. An attorney will determine your situation regarding these exemptions. There are also small levels of exemptions for household items, jewelry, and tools of the trade. Everything else (non-exempt assets) will be liquidated and the money paid to creditors.

In the majority of cases, retirement accounts are fully exempt and protected in a Chapter 7 filing. However, child support, alimony, student loans, and most taxes are not exempt and will still be owed after a Chapter 7 filing is made. Dozier Law, P.C. Chapter 7 Bankruptcy Attorneys will work with you to develop a Chapter 7 Bankruptcy filing that ensures your plan reflects all of the rights accorded you under Georgia Law.

Chapter 13 Wage Earners Reorganization

A Chapter 13 Wage Earners Reorganization is for people who have consistent, ongoing income, but the debt and the required payments on this debt have become too much. A payment plan is needed to deal with the financial challenges. Under Chapter 13 Reorganization, a plan involving monthly payments to a plan trustee is developed and filed with a bankruptcy court.

The Chapter 13 payment plan covers a 3 to 5 year period. In most cases, you will pay off part of your debt during the plan period and the debt remaining at the end of the plan is discharged as outlined in the plan. You do not have to liquidate any assets under a Chapter 13 plan. You keep your house, your vehicles, and all personal and household assets as well as savings and retirement plans.

In order to qualify for a Chapter 13 Reorganization you need to be employed, with a high likelihood of continuing to be employed through the plan period. This income supports the ability to pay the monthly plan amount and continue these payments to completion. When the plan period is over, the remaining eligible debt will be discharged as outlined in the plan. This includes things such as medical bills, credit card balances, and personal loans.

Dozier Law, P.C. Chapter 13 Bankruptcy Attorneys will work with you to develop and file a Chapter 13 Wage Earners Reorganization plan with the court and will provide support to you throughout the plan period.

For articles with additional information on bankruptcy, go to our Bankruptcy Law Blog.

Following are several reviews from the many Bankruptcy clients that we have helped over the years:

“Mr. Dozier and his team provided excellent service as we went through the CH 13 bankruptcy process. Proficient, hassle-free, and professional.”
Angels, AVVO Review

“Adam Dozier and Dozier Law P.C. helped my late husband through a very complex and stressful bankruptcy which saved our house and property. He was with us every step of the way. Their staff are very helpful as well as very professional”
Thelma, Google Review

Take a look at additional reviews from our Bankruptcy clients.

If you are facing the possibility of a Chapter 7 Bankruptcy or a Chapter 13 Wage Earners Reorganization, the chances are you are probably feeling a lot of stress and sleepless nights. If you want to start getting your financial situation in order, contact Dozier Law, P.C. Bankruptcy Attorneys in Rincon, Effingham County, Chatham County, Bulloch County, Screven County, and Bryan County, Georgia. Your initial Bankruptcy Consultation will be No Charge to you.

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