Chapter 13 bankruptcy Georgia
Chapter 13 Bankruptcy in Georgia
Protect your home or car while you catch up—one affordable monthly payment under court protection.
Who Chapter 13 Helps
- Homeowners behind on mortgage payments who need time to cure arrears.
- Drivers behind on car loans who want to prevent repossession.
- Clients with steady income who don’t qualify for Chapter 7 or prefer repayment.
- Those needing protection from collections while consolidating debts.
How the Plan Works
You make a single monthly payment to a Chapter 13 trustee for 3–5 years. Priority debts and secured arrears are paid first; remaining unsecured debts may receive a percentage based on your disposable income and non-exempt equity. We tailor the plan to your goals and budget.
Save What Matters
- Stop foreclosure and propose a schedule to catch up missed mortgage payments.
- Stop repossession and repay car arrears through the plan.
- Consolidate taxes and other priority debts into one organized payment.
- Get immediate relief from most collections via the automatic stay.
Certain advanced options (like interest or valuation changes) are case-specific. We’ll review eligibility and risks before filing.
Eligibility & Fit
- Regular income sufficient to support plan payments and ongoing living costs.
- Debt levels must fall within current Chapter 13 limits—we’ll verify the latest thresholds.
- Helpful when non-exempt assets would be at risk in Chapter 7.
- Strategic when you need time to cure arrears or address taxes.
Your Chapter 13 Timeline
- Consult & Budget: We map income, expenses, and goals.
- File & Protect: Automatic stay generally halts foreclosure and collections.
- Propose Plan: We submit a tailored 3–5 year plan.
- Confirmation: The court reviews and confirms the plan.
- Complete & Discharge: After on-time payments, remaining eligible unsecured debts can be discharged.
Chapter 13 FAQs
Will I lose my house during the case?
Chapter 13 is designed to help you keep your home while catching up on arrears under court protection.
How is my monthly payment set?
It’s based on disposable income, debt types, and plan length. We build a realistic budget with room for life.
What if my income changes?
Plans can often be modified if your circumstances change. We’ll advise and seek court approval if needed.