Cobb Law Firm, LLC, Is Here to Help You Get a Financial Fresh Start  

At Cobb Law Firm, LLC, we recognize the profound impact financial hardship and insurmountable debt can have on individuals, families, and business owners. The weight of this stress, coupled with the anxieties it breeds, can feel overwhelming. You may feel like you need guidance with where to turn or what to do. This is where we can help.  

Our bankruptcy lawyers serving Etowah County deeply understand what you're going through. We're here to offer detailed and thoughtful legal counsel to empower you to take charge of your situation. With our guidance, you can work to address and manage your financial situation more effectively.  

We offer a range of bankruptcy services, including counsel on:  

• Chapter 7 
• Chapter 13 
• Creditor harassment  
• Lawsuits and wage garnishments  
• Foreclosure defense  

Trust us to help you find a path to a financial fresh start. Contact our firm online or call us at (256) 733-6102. 

What Is Bankruptcy & Is It Right for You?  

Bankruptcy filing is a legal process designed to help individuals and businesses eliminate or repay their debts under the protection of the federal bankruptcy court. Essentially, it provides a second chance for those overwhelmed by debt, allowing them to work toward financial stability without constant pressure from creditors.  

Bankruptcy may be a viable option for addressing your unsecured debts, such as: 

• Personal loans  
• Car loans  
• Credit card debt  
• Medical bills  
• Payday loans  
• Unfavorable debt consolidations  

It's important to recognize that while bankruptcy can indeed serve as a lifeline for many Etowah County residents struggling with debt, it does not apply to every financial situation. It also comes with long-term effects on your credit history.  

For these reasons, you are encouraged to consult with a seasoned bankruptcy attorney, like ours at Cobb Law Firm, LLC, for guidance before proceeding with a bankruptcy filing.  

Differences Between Chapter 7 & Chapter 13 Bankruptcy 

Chapter 7 bankruptcy, often called liquidation bankruptcy, involves keeping only what you can afford to pay for. This option is generally faster, allowing eligible individuals to eliminate most, if not all, of their unsecured debts in a matter of months. It’s suited for those with limited income who cannot pay back their debts over time.  

Chapter 13 bankruptcy is designed for individuals who have a regular income and wish to keep their property while also restructuring their debt. With this option, you will be put on a repayment plan and make installments to creditors. Repayment plans typically run for three (3) to five (5) years.  

Before choosing between Chapter 7 and Chapter 13, you must undergo the bankruptcy means test. This calculation assesses your income and expenses against the state's median to determine which type of bankruptcy filing you are eligible for. 

Put a Stop to Creditor Harassment  

Our Etowah County bankruptcy attorneys understand what you are going through, and we know the toll overwhelming debt can take on a person and their family. From threatening your financial stability to damaging your mental and physical health, the stress can feel crushing. If this is something you are going through, you are not alone, and you deserve help.  

Cobb Law Firm, LLC, is a trusted bankruptcy law firm providing compassionate legal assistance. No matter your situation, we are ready to help you uncover your options and determine if bankruptcy protection is in your best interests. 

Contact Cobb Law Firm, LLC, for a free, no-obligation case evaluation; call (256) 733-6102 or message us online. All bankruptcy consultations are confidential.