Don’t let past due bills, calls from creditors, credit card debt or past due medical expenses continue to worry you. If you act now, you may qualify for relief from the U.S. Bankruptcy Codes. By taking action now, filing bankruptcy may assist you in gaining control of your financial situation.
There are two ways consumers can file for Bankrutpcy, Chapter 7 and Chapter 13.
Chapter 7 is the bankruptcy provision most frequently used by individuals. It involves the complete liquidation of a debtor's property to pay creditors and wipes out the remaining debts, giving the debtor what's known as a "fresh start
Chapter 13, which has also been known as a wage earner's plan, is an interest-free repayment plan where a debtor repays at least some of his or her unsecured debts with regular payments over five years.
These are just two options to recover from your current financial situation. In order to make the best decision for your future, educate yourself about your situation and then take action as quickly as possible.
Speaking to an experienced attorney may be the best way to quickly understand your options. Click here and complete a confidential case evaluation and talk to an experienced attorney for Free!
09-02-2008 until 10-03-2011
