Chapter 13 Bankruptcy Lawyer in Lawrenceville, GA

Comprehensive Debt Relief Options for Atlanta Residents

Chapter 13 bankruptcy is a low-interest, possibly interest-free, debt repayment plan that consolidates your debt and allows you to repay it over a three-to-five year period. The advantages of chapter 13 bankruptcy are that you can restructure your debt and keep your property while making payments without the fear of foreclosure or repossession. Accordingly, your creditors are required by federal law to follow the terms of your repayment plan. After you have repaid your debt per your payment plan, your remaining debts will be wiped away. You must have a consistent source of income for your Chapter 13 payment plan to be approved by the court.

At The Ballard Law Group, we have guided countless clients through the Chapter 13 process to success. We understand that many circumstances can put you into insolvency. Often, these circumstances occur beyond your control. To us, the past is unimportant; our focus is on helping you resolve your financial problems now so that you can move forward into a brighter, happier future. If you are in a financial crisis, the time to explore your options and work towards debt relief is sooner, rather than later. Our Lawrenceville Chapter 13 bankruptcy attorney can evaluate your situation, advise you on how to handle it, and ensure that the bankruptcy process is right for you.

Schedule a Free 15-Minute Consultation Today! Call The Ballard Law Group office at (404) 800-9939 or contact us online.

Key Benefits of Chapter 13 Bankruptcy

Chapter 13 bankruptcy provides many benefits for those who successfully complete the process.

These benefits include:

• Saving Your Home 

Chapter 13 will immediately stop foreclosure proceedings any time before the sale begins. It will give you a financially feasible option to make payments toward your mortgage arrears without the threat of foreclosure and late fees. It’s important to note that you will still be obligated to make all future mortgage payments in full directly to the mortgage lender.

• Keeping Your Car

When you file for Chapter 13 bankruptcy, your finance company will no longer be able to take your car. Even better, the courts may recalculate and reduce your balance owed to reflect the current market value of the car. This new amount will be included in your three-to-five year payment plan. After filing, you will no longer owe the finance company for your vehicle. Instead, your court-assigned Chapter 13 trustee will distribute payments to your creditors according to your payment plan.

• Eliminating Second & Third Mortgages

Like many Georgians, you probably owe more on your mortgages than your house is worth. Second and third mortgages may be stripped of their secured status and categorized as unsecured debt. Unsecured debt is given last priority in a Chapter 13 bankruptcy and is paid through your payment plan. In most cases, however, unsecured debt is completely eliminated once your bankruptcy is discharged.

What You Need to Know About Chapter 13 Bankruptcy

If you're struggling with overwhelming debt and considering bankruptcy as an option, Chapter 13 may be the right choice for you. This type of bankruptcy allows you to restructure your debt and create a manageable payment plan over a period of three to five years. Unlike Chapter 7 bankruptcy, which involves liquidating assets to pay off creditors, Chapter 13 allows you to keep your property while still getting relief from debt.

At The Ballard Law Group, our dedicated Chapter 13 bankruptcy attorneys in Lawrenceville, GA can help you navigate the complex legal process and create a repayment plan that works for your unique financial situation. We offer debt relief solutions for clients throughout Atlanta and can provide the personalized attention and support you need to achieve a fresh financial start.

Benefits of Chapter 13 bankruptcy include:

• Protection from creditor harassment and lawsuits
• Ability to keep your home and other assets
• Flexible payment options that fit your budget
• Opportunity to catch up on missed mortgage or car payments
• Discharge of remaining debt at the end of the payment plan

If you're ready to take control of your finances and explore bankruptcy solutions, contact The Ballard Law Group today. We have locations throughout the Lawrenceville, GA area and are dedicated to helping you achieve a debt-free future.

Your Local Chapter 13 Bankruptcy Resource in Lawrenceville, GA

Living in Lawrenceville, you may face unique financial challenges that can lead to overwhelming debt. Whether it's the rising cost of living, unexpected medical expenses, or job loss, these issues can create a financial burden that feels insurmountable. Fortunately, Chapter 13 bankruptcy offers a viable solution for residents in our community, allowing you to regain control of your finances while keeping your home and vehicle.

Local government resources, such as the Gwinnett County Department of Family and Children Services, provide assistance programs that can help alleviate some of the financial pressures you may be facing. However, navigating these options can be complex, and many residents find themselves unsure of where to turn for help. That's where The Ballard Law Group comes in. We understand the local landscape and the specific pain points that Lawrenceville residents encounter, and we can guide you through the Chapter 13 bankruptcy process.

We recognize that every financial situation is unique, and our dedicated team is committed to providing personalized support tailored to your needs. If you're feeling overwhelmed by debt, don't hesitate to reach out. Together, we can explore your options and work towards a brighter financial future right here in Lawrenceville.

Schedule Your Free 15-Minute Consultation Now! Call The Ballard Law Group office at (404) 800-9939 or contact us online.

Related Reading:

• Georgia Chapter 13 Bankruptcy Timeline

Frequently Asked Questions About Chapter 13 Bankruptcy

What Are the Advantages of Chapter 13 Bankruptcy?

The advantages of Chapter 13 bankruptcy are that you can restructure your debt and keep your property while making payments without the fear of foreclosure or repossession.

Types of Debts Can Be Eliminated Through Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is designed to help individuals manage and eliminate various types of unsecured debts. This includes credit card debt, medical bills, and personal loans. Additionally, if you have second or third mortgages, these can often be stripped of their secured status and treated as unsecured debt.

Why Should I Choose The Ballard Law Group for My Chapter 13 Bankruptcy Needs?

Choosing The Ballard Law Group for your Chapter 13 bankruptcy needs means you will receive personalized attention and support throughout the entire process. Our team is dedicated to helping clients in Lawrenceville and the surrounding Atlanta area navigate the complexities of bankruptcy law. We take the time to understand your unique financial situation and work with you to create a tailored repayment plan that meets your needs.

Who Is Eligible to File for Chapter 13 Bankruptcy?

To be eligible for Chapter 13 bankruptcy, you must be an individual with regular income. This means you have a consistent source of income that allows you to make regular payments towards your debt. There are also specific debt limits. As of June 2025, the limits are a maximum of $465,275 in unsecured debt and a maximum of $1,395,875 in secured debt. It's important to note that these limits can change, and you should consult with an attorney to ensure you meet the most current requirements.

What Is the Difference Between Chapter 13 and Chapter 7 Bankruptcy?

The primary difference between Chapter 13 and Chapter 7 bankruptcy lies in how debt is managed. Chapter 7, often called "liquidation bankruptcy," involves selling off non-exempt assets to pay creditors. Chapter 13, on the other hand, is a reorganization plan that allows you to keep your property while repaying a portion of your debt over a three-to-five-year period. It is often the preferred choice for those who have a consistent income and want to save their home from foreclosure or their car from repossession.

How Does Chapter 13 Bankruptcy Affect My Credit?

Filing for Chapter 13 bankruptcy will be noted on your credit report for up to seven years from the date of filing. While this may negatively impact your credit score initially, it is important to remember that most people filing for bankruptcy already have a poor credit score due to missed payments and high debt. Chapter 13 can provide a fresh financial start, and by making consistent payments through your repayment plan, you can begin to rebuild your credit over time, paving the way for a more secure financial future.