Additional reasons to consider bankruptcy:
Chapter 7 – Get a Fresh Start by filing for Chapter 7 bankruptcy. If you qualify, most of your unsecured debt will be discharged (other than student loans and taxes), and you may be able to keep your house and car. The process usually takes about 90 days from the date of filing. You will stop lawsuits, garnishments and harassing creditor phone calls.
Chapter 13 – If you don’t qualify for a Chapter 7 bankruptcy because of your income or you have too many assets, or your house is in foreclosure and you want to keep it, a Chapter 13 bankruptcy is an option. With a Chapter 13, the arrears on the house payment is put into a payment plan, and your creditors are paid off a certain percentage over a period of time, usually 3 – 5 years.
Bankruptcy – Free Consultation
Everyone’s situation is unique. There are many reasons why people find themselves in the position of considering to file bankruptcy. It could be that your business did not succeed, you had a health crisis and you now have a large medical debt, you or your partner lost your job now you can no longer pay your bills or its just years and years of struggle and you just can’t find a way out. We will work with you to determine whether bankruptcy is a good option for you.