Category Archives: CH. 13

How Soon Can I Schedule a Bankruptcy Consultation?

We can usually schedule your bankruptcy consultation for the next day or within the week.  Call our office or use the contact form below to set up your FREE consultation today – and rest assured that you will always speak to your attorney, not a paralegal.  We can be reached at 256-543-7474.Continue Reading

How Does Bankruptcy Affect My Credit?

Bankruptcy hurts your credit, but if you are considering filing, chances are your credit is already affected. Bankruptcy allows you to start to rebuild your credit. You might have difficulty obtaining credit within one year of the bankruptcy. Most people can buy a car at a high interest rate with a substantial amount down evenContinue Reading

Do I Need an Attorney to Help Me File Bankruptcy?

Absolutely. Attorneys do more than fill out the forms. They also attend the 341 (a) Meeting of the Creditors, negotiate with the creditors, advise clients about offers to accept or reject, and give legal advice in general. Your attorney is your protector throughout the process. At Stewart & Owens you will always talk directly to yourContinue Reading

How Long Does the Bankruptcy Process Take?

In a Chapter 7, you attend the 341(a) Meeting of the Creditors approximately one month after you file your bankruptcy petition. You then receive the discharge about two months after that. In a Chapter 13, you attend the 341(a) Meeting of the Creditors approximately 45 days after your bankruptcy petition is filed. The Confirmation hearingContinue Reading

Can a Bankruptcy Stop Creditors From Calling Me?

YES.  Creditors may not contact you in any way after you file your bankruptcy petition. In most cases, your attorney will notify your creditors prior to filing the bankruptcy petition so the creditors stop calling you. Your attorney will deal directly with the creditors on your behalf throughout the process.Continue Reading

What’s the Difference Between Ch. 7 and Ch. 13 Bankruptcy?

Chapter 7 is designed for debtors with financial difficulty who are no longer able to pay their existing debts. Debtors whose debts are primarily consumer debts are subject to a “means test” designed to determine whether the case should be permitted to proceed under chapter 7. If your income is greater than the median incomeContinue Reading