Chattanooga Bankruptcy Attorneys Clark & Washington Offer What You Need to Know about Chapter 13

    NORCROSS, GA, May 08, 2013 /24-7PressRelease/ -- The Chattanooga bankruptcy attorneys at Clark & Washington understand that filing for personal bankruptcy in Chattanooga can be difficult. Even if you understand and accept that your situation would be best managed through filing for bankruptcy, it can be difficult to know which kind of personal bankruptcy is right for your situation.

There are two main types of personal bankruptcy: chapter 7 and chapter 13. Each of these benefits a different type of debtor. Chapter 13 is designed to benefit debtors who have a regular income but need help with repaying their debts, explain the Chattanooga bankruptcy lawyers at Clark & Washington. Chapter 13 can help a debtor to reorganize their debts to help them to repay creditors and keep their assets.

Chapter 13 bankruptcy can help a Chattanooga debtor to stop foreclosure proceedings, reinstate a mortgage through repaying missed payments over time, stop repossessions, restructure the terms of debt repayments, and give the debtor more time to pay his or her debts.

If you have fallen behind on your bills, but are afraid that filing for bankruptcy will cause you to lose your house, your car and other assets, come talk to the attorneys at Clark & Washington about the possibility of filing for chapter 13 personal bankruptcy. A compassionate Chattanooga bankruptcy lawyer from Clark & Washington will give you a free initial consultation to help you determine whether filing for chapter 13 is the right course for you.

Visit one of Clark & Washington's regional offices or schedule your free bankruptcy consultation online at http://www.chattanooga-bankruptcy-attorney.com.

About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer
honest, helpful legal advice to those experiencing financial hardships.

For more information, visit http://www.chattanooga-bankruptcy-attorney.com.

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