Bankruptcy Chapter 7

The most financially responsible individual can easily find him or herself mired in debt due to unfortunate and unexpected circumstances. Often, the only viable means of escaping from the mounting burden of heavy debt is to file for bankruptcy. During this difficult time, it is absolutely essential to have a trustworthy lawyer by your side. For all matters related to bankruptcy, be sure to turn to John B Tucker, Attorney at Law. A respected Georgia bankruptcy attorney, he is equipped with the knowledge and caring nature necessary for success in bankruptcy law.

Common Types Of Bankruptcy In Georgia

Chapter 7 is one of the most commonly pursued versions of bankruptcy. It involves the discharge of most debts and immediate relief from a variety of financial obligations. In order to be eligible for this type of bankruptcy, applicants must first be able to pass a means test. Those unable to meet the requirements of this test are encouraged to explore the possibility of chapter 13 bankruptcy. In a chapter 13 bankruptcy, individuals with regular and sufficient income are able to repay some or all of their debts over an agreed-upon period of time. Chapter 11 is similar in many respects to chapter 13 bankruptcy, but typically involves the reorganization of debt for businesses plagued by a variety of financial issues. Determining the appropriate type of bankruptcy for your situation can be challenging. Look to John Tucker as a much-needed guide through the complexities of bankruptcy law. Likewise, if you are interested in pursuing an alternative to bankruptcy, John B Tucker can provide the advice and representation you so desperately need during this difficult time.

Working With A Peachtree City Bankruptcy Attorney

Whether you are ready to pass the required means test for chapter 7 bankruptcy or simply want to explore possible bankruptcy alternatives, you are encouraged to get in touch with a respected lawyer such as John B Tucker, Attorney at Law. The right legal representative will tell you what you need to hear, and not just what you want to hear. However, it is also important to work with somebody capable of establishing a trusting and cooperative attorney-client relationship. A thorough understanding of bankruptcy law in Georgia is also desirable. John Tucker boasts all of the aforementioned qualifies, as well as a clear sense of compassion for his valued clients. He will work tirelessly to ensure a bright financial future for you, your family, or your business.