There’s never a great time to file a bankruptcy case. However, having to file during the holidays can be especially stressful. The bankruptcy lawyer in Vidalia, GA at the Law Office of Tipton-Downie wants to help. Here are some things to consider if you’re filing for bankruptcy in the state of Georgia during the holidays:
- Consider the timing – Depending on your case, you may need to file in December rather than wait for the new year. Deciding when to file all depends on whether you need to file Chapter 7 or Chapter 13.
- Chapter 7 is the most common type of bankruptcy case. Generally speaking, these cases take around four months to resolve. If you have the means to pay off your debt quickly and qualify for Chapter 7, you’ll want to file in December.
- Chapter 13 cases are designed to give you more time to get out of debt by using a payment plan. These cases can as long as three to five years to resolve. If you qualify for Chapter 13 bankruptcy, you’ll want to file in the new year.
- Consult a bankruptcy lawyer – You need to consult with a bankruptcy lawyer to determine which option is best for your particular situation. Bankruptcy attorneys can guide you in the right direction and help you decide exactly when to file.