Ward & Spires, LLC

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Chapter 7 And Chapter 13 Bankruptcy
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Rebuild Your Financial Life With The Help Of Informed Bankruptcy Attorneys

You do not have to let the burden of debt overwhelm you. Bankruptcy is a viable option that provides struggling individuals with a financial fresh start regardless of how much debt they have. For years, our attorneys at Ward & Spires, LLC have given legal advice to clients with financial concerns. We will walk you through your bankruptcy options and we will be with you for every challenge, providing personal service throughout the process.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is what is known as a liquidation bankruptcy. When you take the chapter 7 route, many of your assets may be subject to seizure. These assets are then sold, and creditors will receive payments. Chapter 7 does impact your credit score, but you will lose most of your debts.

What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy allows for the debtor to create a repayment plan. You will be appointed a trustee to oversee your case, and you must receive approval by the courts for your repayment plan. Filing for chapter 13 will also implement an automatic stay. An automatic stay prevents most creditors from pursuing payments from you.

Let Us Help – Call Our Office

We can help you determine what bankruptcy chapter is best for you. We can also ensure you have all necessary documentation and that you are prepped and confident in the process. To learn more about your options, call us in Augusta at 706-250-7797 or send an email.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.