It can be very easy to get into financial trouble regardless of a person’s detailed financial planning. It takes only a single disruption to your income for debt to spiral out of control as you try to make ends meet. At the law office of Richard W. Sarrell II, LLC, we can help you file for bankruptcy, guide you through the process, and help you plan for the future after your case has been discharged.

Filing for Bankruptcy

Bankruptcy is a set of federal laws that mesh with local laws to help you gain relief from creditors. There are two chapters, 7 and 13, primarily used by consumers seeking to eliminate secured and unsecured debts. Chapter 7 offers the opportunity to eliminate your debt, while Chapter 13 creates a repayment plan.

Bankruptcy Exemptions

The bankruptcy process uses local exemptions that allow you to retain the personal property and keep them out of bankruptcy. The state of Georgia features a set of statutes that will enable you to exempt some of the equity in your home, a car, jewelry, and retirement income. We can help you understand how these exemptions work and how they can be applied to your bankruptcy.

Bankruptcy is a complex process easily set back by a simple mistake or missed filing. Hiring an attorney who is familiar with bankruptcy reduces the potential for errors. We are ready to help you, support you, and advocate on your behalf. Call our office today and learn how a local bankruptcy attorney can help you eliminate your debts and get a fresh start.