Understanding the Differences Between Chapter 7 and Chapter 13 Bankruptcy

June 27, 2023

Understanding the Differences Between Chapter 7 and Chapter 13 Bankruptcy

Bankruptcy can be a frightening prospect, but for many individuals and businesses, it represents a chance for a fresh start. However, if you're thinking about filing for bankruptcy, you need to understand the differences between Chapter 7 and Chapter 13. At The Boone Firm, P.C., we have extensive experience handling bankruptcy cases in Atlanta, and we can help you determine which bankruptcy chapter is right for you. In this blog post, we'll explore the key differences between Chapter 7 and Chapter 13 bankruptcy, and who should consider each option.


Chapter 7 bankruptcy, also known as "straight bankruptcy," is a liquidation process where all of your unsecured debts (such as credit card debt and medical bills) are discharged. This means that you will not be required to repay most of your debts, with some notable exceptions. If you have significant assets, they may be sold to help pay off your creditors. In addition, Chapter 7 bankruptcy can affect your credit score for up to 10 years. If you have a low income and few assets, Chapter 7 bankruptcy may be the best option for you.


Chapter 13 bankruptcy is a reorganization process where you keep your assets, but you set up a repayment plan to pay off your debts over a period of three to five years. This is known as a "wage-earner" bankruptcy, as it is typically used by individuals with regular income. Chapter 13 bankruptcy is often the best option if you have significant assets that you want to protect, or if you have a high income that would make you ineligible for Chapter 7 bankruptcy.


If you're wondering whether you should file for Chapter 13 or Chapter 7 bankruptcy, here are a few factors to consider:


- Income: If your income is below the median for your area, you may be eligible for Chapter 7 bankruptcy. If your income is above the median, you may need to file for Chapter 13 instead.

- Assets: If you have significant assets, such as a home or a car, Chapter 13 may be a better option as it allows you to keep your assets while still resolving your debts.

- Debts: If most of your debts are unsecured, such as credit card debt or medical bills, Chapter 7 may be a better option as you can discharge those debts entirely. If you have secured debts, such as a mortgage or car loan, Chapter 13 may be better as it allows you to catch up on those payments.


At The Boone Firm, P.C., we can help you determine which bankruptcy chapter is right for you based on your individual circumstances. We're committed to helping our clients achieve a fresh start and move on from their financial difficulties.


Filing for bankruptcy is a significant decision that can affect your financial future for years to come. Whether you should file for Chapter 7 or Chapter 13 bankruptcy depends on a variety of factors, including your income, assets, and debts. At The Boone Firm, P.C., we have the experience and knowledge to help you make the best decision for your unique situation. Don't let the fear of bankruptcy hold you back from achieving a fresh start. Contact us today to schedule a consultation and learn more about how we can help you navigate the bankruptcy process.

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How a Pedestrian Accident Attorney Can Help You in Georgia

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Understanding Pedestrian Accidents in Georgia

December 20, 2023
Pedestrian accidents in Georgia can have catastrophic effects on the victims involved. These accidents can arise from a variety of factors, including distracted driving, speeding, reckless driving, among others. As a pedestrian, it is important to take safety precautions as much as possible to avoid accidents. However, despite our efforts, accidents still happen, and as such, it is important to understand the legal implications of these accidents. In this blog post, we will discuss everything you need to know about pedestrian accidents in Georgia and the steps to take if you are involved in one.  1. Understanding Georgia’s Pedestrian Laws Georgia's traffic laws require drivers to take reasonable care while sharing the road with pedestrians. However, pedestrians also have responsibilities to avoid accidents and injuries. Pedestrians are required to use sidewalks whenever possible; if they have to use the street, they must walk against traffic, and they should follow traffic signals and signs. Walkers are not allowed to cross the road when the DON’T WALK sign is on, even if there is no traffic visible. 2. Common Causes of Pedestrian Accidents There are many causes of pedestrian accidents, including distracted driving, impairment, speeding, failure to yield, and failure to follow traffic signage. Regardless of the cause, these accidents often result in serious injuries, medical bills, and lost income or wages. 3. Who is Liable for Pedestrian Accidents? If a pedestrian is involved in an accident with a car, truck, or other motor vehicle, several parties could be potentially at fault. The driver of the vehicle might bear responsibility for the accident if they were speeding, driving under the influence, or acted recklessly while operating their vehicle. However, pedestrians could also be apportioned blame if they acted negligently, such as crossing the street when the pedestrian signal says "don’t walk." 4. What to Do If You are Involved in a Pedestrian Accident The first thing that one should do is seek medical attention for any injuries immediately. It's critical to document any expenses associated with seeking medical care, such as ambulance fees, doctor's visits, and rehabilitation expenses. It is also important to contact the police immediately and to obtain a copy of the police report on the accident. Lastly, one should consult with a personal injury lawyer to understand their rights thoroughly. 5. Speaking with a Georgia Personal Injury Attorney Georgia's personal injury laws are complex, and it can be challenging to navigate the legal process when trying to make a claim. A personal injury attorney can review the case, speak with eyewitnesses, analyze evidence, and help you get the compensation you deserve. If you or a loved one has been involved in a pedestrian accident in Georgia, it is important to speak with a personal injury attorney as soon as possible to ensure that you get the legal representation you need. Pedestrian accidents in Georgia can cause severe and life-changing injuries, leaving victims and their loved ones with costly medical bills and lost income. However, understanding the state's pedestrian laws, who is responsible for pedestrian accidents, the steps to take after an accident, and speaking to a personal injury attorney can help to protect your interests and get you the compensation you deserve. Finally, always stay safe while walking, use sidewalks whenever possible and never hesitate to seek medical attention if you are involved in a pedestrian accident.

What You Need to Know About Your Rights as a Motorcycle Passenger After an Accident in Georgia

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As a motorcycle passenger, you don’t have control over the bike during a ride, which means that you’re often more vulnerable to accidents than the rider. If you've been in a motorcycle accident in Georgia as a passenger, it's important to know what rights you have and what compensation you're entitled to. In this blog post, we’ll explore the legal rights of motorcycle passengers and how a skilled personal injury attorney may be able to help.  What rights do motorcycle passengers have after an accident in Georgia? The first thing to remember is that motorcycle passengers have the same rights as any other accident victim. This means that you're entitled to a number of legal rights to safeguard your welfare. These include the right to file a lawsuit against the liable party, the right to medical treatment, and the right to compensation for damages like medical bills, lost wages, and pain and suffering. What compensations are motorcycle passengers entitled to? In many states, including Georgia, the laws governing motorcycle passenger compensation are similar to those in place for car accidents. As a motorcycle passenger, you may be entitled to various compensation packages, including damages for medical bills, lost wages, future medical expenses, and pain and suffering. The precise amount of compensation you're entitled to will depend on the circumstances of your accident, but a dedicated attorney can help you evaluate your case’s actual worth. Who is liable? Motorcycle accidents is like other traffic accidents - liability primarily rests on the fault of the parties involved. If the motorcycle accident was caused by the rider, then they would likely be responsible for compensating any injured passengers. However, if the accident was caused by another driver, then the other driver would be liable. A skilled attorney can help determine who is liable and guide you through the litigation process. How can an attorney help me? After being involved in an accident, an attorney can protect your rights and help you seek out the compensation you deserve. A skilled personal injury lawyer with motorcycle accident experience can investigate the accident, develop a strong case on your behalf, negotiate with insurance companies, represent you in the courtroom if necessary, and argue your case for any punitive damages. A motorcycle passenger who has been injured in an accident is entitled to the same legal rights as any other accident victim. With the assistance of a skilled personal injury attorney, they can seek to enforce those rights and pursue compensation for a wide range of financial losses. If you or anyone you know has been involved in a motorcycle accident in Georgia, don't hesitate to contact a reputable attorney for a free consultation. They will aid you in navigating the litigation process, ensuring that you are paid for the losses you have endured.
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