Chapter 7 bankruptcy is a form of bankruptcy that eliminates your debts. In some cases, it may require liquidation or the selling of assets in order to pay off debts. However, in almost all Chapter 7 cases, the filer can keep their home and vehicles. I. The other...
Chapter 13 bankruptcy, also known as the Wage Earner’s Plan, is a version of bankruptcy that helps filers maintain a semblance of a normal life while managing their debts. While filing chapter 13 doesn’t erase all debts and isn’t for everyone, it can be really helpful...
If you’re considering bankruptcy, the first step you need to take is determining which form of bankruptcy fits your needs. There are several types, and each serves a unique function. What is chapter 11 bankruptcy and is it right for you? An experienced bankruptcy...
Filing bankruptcy is not an easy decision. It does not always make your debts magically disappear, nor is it a straightforward process that is easy to comprehend and accomplish. If you are wondering if you should file bankruptcy, then you are facing a...
Bankruptcy is a big decision, and you’ve most likely done your research if it’s something you’re considering. By this time, you’ve probably realized there are several types of bankruptcy. They each serve a unique purpose and are meant to help people in different...
