Chapter 13

We can file a Chapter 13 bankruptcy for you for as little as $50!! A Chapter 13 bankruptcy is the most common form of bankruptcy in Alabama. In the Montgomery area, there are over 15,000 pending Chapter 13 cases; therefore, debt problems are very common, but there are financially sound solutions to helping with debt issue! The Sellers Law Firm has represented thousands of people and helped them back to financial stability; and we want to help you!

A Chapter 13 bankruptcy takes your outstanding debts and consolidates them into a monthly payment plan that you can afford. Depending on how much debt you owe and how much property you own, you may end up paying back only a small portion of your debt and likely none of your unsecured debt! Chapter 13 is often called the “debtor’s consolidation bankruptcy” or “repayment bankruptcy” because you are set up to make monthly payments over a period of 3-5 years, which will pay off all or some of your debt. Chapter 13 is for individuals who have some form of continuing income and will be able to maintain the scheduled monthly plan payments. However, if your income or the ability to pay changes, then there may be other options for you. Our goal at The Sellers Law Firm is for you to pay back as little of your debt as possible.

Chapter 13 is often the best option for individuals trying to protect property, whether from foreclosure, repossession or wage garnishment. A Chapter 13 bankruptcy plan allows you to stop home foreclosure by putting all of your past due mortgage payments into the payment plan. You can make up the missed payments over time through your bankruptcy payment plan. This allows you to resume making regular house payments, which you will continue to make in the future. Essentially, it allows you to stop foreclosure, save your home and start back paying your mortgage payments to get back on track. Our goal is to save everyone’s home! Chapter 13 works to protect automobiles as well. If you are behind on your car payments and are worried that your vehicle will be repossessed, Chapter 13 bankruptcy can protect your car. We can likely even dramatically reduce your interest payments on your car! For those who are behind on property payments but want to keep the property, Chapter 13 may be the right choice! We often find that a Chapter 13 bankruptcy is a far better choice for most people than a Chapter 7; however a Chapter 7 does offer many benefits that are not offered by a Chapter 13. To find out how to protect your property, call The Sellers Law Firm. Our experienced bankruptcy attorneys can advise you on what steps to take to gain control of your financial life without losing your property! Call today for your free consultation. Hope and help are what we offer!

Remember, we have an office near you. We are located in Montgomery, Selma, Greenville, and Troy. We want to be your lawyers so we call us at 334-LAWYERS (334-529-9377)!

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