If you are struggling with debt and can’t see a way out, bankruptcy may be a life-changing step for you. In a Chapter 7 bankruptcy, unsecured debt, such as credit card debt and medical bills, is wiped out, leaving the debtor with a clean financial slate. The entire process can take as little as 90 to 120 days.
In a Chapter 13 bankruptcy, unsecured debt can be wiped out, but a Chapter 13 also allows you to catch up on house payments, car payments, and other secured debt through a repayment plan.
At Gillespie & Murphy, P.A., our lawyers have extensive experience handling Chapter 7 and Chapter 13 bankruptcies for people throughout eastern North Carolina. We are Christian lawyers who believe in second chances and bankruptcy laws help our clients get the fresh start they need and deserve.