Chapter 13 Bankruptcy Attorney in Aiken

Debt can take up your whole life and end up being in the back of your mind constantly. If you have reached the point where you are not able to pay off your debts you should start considering on filing for bankruptcy. There are many types of bankruptcy Chapters that an individual can file, so it’s important you contact a bankruptcy attorney to help you with this process.

Once you have an attorney to give you advice for this process, you can decide if chapter 13 is the best choice for you. There’s a big difference between chapter 7 bankruptcy and chapter 13, which is when a lawyer comes in handy because they can help you decide if that’s the best decision for you.

How To Know If Chapter 13 Is The Best Decision For You

If you have a regular income, you can be eligible for chapter 14 bankruptcy. Chapter 13 Bankruptcy allows the individual that is filling for it to develop a plan to repay all of their debts in a timely matter. Your income is an important factor because it’s what helps to determine the plan you will have to follow to pay your debts.

The income level is different in each state, so it’s important you and your lawyer are informed about the level of your income according to Aiken. If your income surpasses the median level of the one established in your state, you will be able to pay your debts in five years.

If it’s below, you will pay your debts in around three years.

Work With A Chapter 13 Attorney in Aiken

If you have questions about Chapter 13 bankruptcy, and whether it may be the right option for you, contact Lee Ringler Law Offices today. We proudly serve clients throughout the greater Augusta area and CSRA, including Evans, Martinez, and Grovetown, GA, North Augusta and Aiken, SC, and surrounding counties.