Birmingham Bankruptcy Attorney

Obtain Debt Relief Today

We understand that people sometimes encounter financial hardships they didn’t expect. That is why our compassionate legal team at Ingram Law, LLC is here to guide clients through the bankruptcy process so they can obtain the debt relief they need to get back on their feet. We are committed to providing comprehensive legal services for a variety of bankruptcy matters, and we will gladly walk you through all of your options to determine which is right for you. Whether you are struggling with credit card debt or medical debt, we can develop a legal strategy to protect your best interests.

To schedule a consultation with our seasoned bankruptcy lawyer in Birmingham, call (205) 335-2640 today.

Bankruptcy Cases We Handle

Bankruptcy is a complicated process that requires loads of paperwork and numerous appearances in court. This can be overwhelming if you aren’t familiar with bankruptcy law, which is why you should get in touch with our law firm to review your debt and prepare for the process ahead. When you choose our law firm to represent you, we will handle all aspects of your case. You can also count on us to be available if you have any questions or concerns.

We take on the following bankruptcy matters for clients throughout Birmingham:

• Creditor Harassment
• Wage Garnishment
• Chapter 7 Bankruptcy
• Chapter 11 Bankruptcy
• Chapter 13 Bankruptcy
• Foreclosure Defense
• Short Sales
• Debt Consolidation
• Adversary Proceedings
• Credit Repair
• Fair Credit Reporting Act Issues

Chapter 7 vs Chapter 13 Bankruptcy

For most people experiencing significant financial struggles, there are two main types of bankruptcy available: Chapter 7 and Chapter 13. Chapter 7 is commonly referred to as “fresh start” bankruptcy, while Chapter 13 is known as a bankruptcy repayment plan. When you enter either type of bankruptcy, you will receive immediate protection against collection efforts and wage garnishments from creditors.

In Chapter 7 bankruptcy, most – if not all – debt is discharged, except for recent taxes, unpaid child support, and student loans. While it is possible you could lose your home and/or vehicle, you can keep most of your property. Chapter 7 works well for individuals who do not own a lot of property, as well as those who are dealing with credit card debt, personal loans, and unpaid medical bills.

However, not everyone is eligible for Chapter 7 in Alabama. Your household’s income needs to pass the “means test.” In other words, your income must be lower than the state’s median. If your household’s income is higher than the median, then you may still qualify for Chapter 13.

Although the Chapter 13 repayment plan does not discharge debt like in Chapter 7, the amount is reduced to a payable sum. You may also keep both exempt and nonexempt property. The repayment plan typically lasts between three to five years, which is much longer than the three to six months it takes to complete a Chapter 7 bankruptcy.

Our Birmingham bankruptcy lawyer at Ingram Law, LLC can listen to your concerns, evaluate your financial situation, and determine which type of bankruptcy is most suitable for your needs and which exemptions you qualify for. Let us help get you the fresh financial start you need to get back on track in life.

We Can Get You Through Your Financial Setback

If you are struggling with debt and considering filing for bankruptcy, don’t hesitate any longer, consult with an experienced lawyer to get the guidance and support you need to get your financial affairs back in order. Ingram Law, LLC has been serving clients for more than 20 years, and in that time we have garnered a stellar reputation for top-notch legal advocacy. Visit our law firm today if you are looking for personalized legal services for your bankruptcy matter.

Give us a call at (205) 335-2640 to set up your consultation with a member of our law firm.