Legal Question in Bankruptcy in Georgia

Chapter 7 vs. Chapter 13

If I have equity in my personal residence can I file a Chapter 7 or is Chapter 13 my only option?


Asked on 6/17/09, 10:26 am

2 Answers from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: Chapter 7 vs. Chapter 13

The answer depends on many other factors. The bankruptcy lawyer you see can answer the questions.

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Answered on 6/17/09, 10:32 am
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: Chapter 7 vs. Chapter 13

The answer depends on the amount of equity, and other factors (including your income, expenses and other assets). I'd need to see your numbers to know which type case might make sense with your numbers. If you're in metro Atlanta, get one of our free workesheets at our website and I'd be glad to review your numbers.

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Answered on 6/17/09, 11:30 am


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