Chapter 13 & Chapter 7 Lynchburg VA

Need to file for bankruptcy? I can help you to determine which chapter would be best to help your financial situation. Call 434-528-1632.

Chapter 13Stressed Businessman

Chapter 13 bankruptcy is also referred to as a wage earner’s plan. It will give individuals with a regular income the chance to develop a plan to repay all or part of their debts. With this chapter, the debtor will propose a repayment plan to make installments to the creditors over 3 to 5 years. Chapter 13 provides individuals the chance to save assets and homes from foreclosure. Stop garnishments, house foreclosures and levys. Do not lose your home, your wages or your income tax return, I can help. Contact me today for more information.

Chapter 7

Chapter 7 is the most common form of bankruptcy. This allows debtors the opportunity to get rid of most of their debts and start over with a clean slate. With Chapter 7 the debtor’s assets are sold, the creditors are paid and then the debtor is free from their debt. After filing for Chapter 7 you can lose property and receive a diminished credit score.

Contact Reginald R Yancey, Bankruptcy Attorney today at 434-528-1632 for more information.

Proudly Serving Richmond, Farmville, Halifax, Danville, Lynchburg, Charlottesville, Lexington, Prince Edward, Nottoway, Amelia, Cumberland, Appomattox, Amherst, Nelson, Campbell, Pittsylvania, Henry, Buckingham (all counties), & Roanoke, Virginia