Consumers can reorganize their debts under Chapter 13 of the U.S. Bankruptcy Code. When consumers file a Chapter 13 plan, all of their debt is included and addressed in some way. Here are some ways that filing a Chapter 13 can help you:
For more information on how a Chapter 13 can help you, contact us to schedule a free consultation.
The ability to file a petition under Chapter 7 of the U.S. Bankruptcy Code is one of the most powerful remedies available to consumers. Often, the goal of filing a Chapter 7 petition is to obtain a "discharge." A discharge order legally eliminates debt. Here are some important things to know about Chapter 7 when considering whether filing bankruptcy is right for you:
In addition to the reasons stated above, here are some other important issues that may arise in a Chapter 7 case and that should be reviewed by an attorney before filing your case:
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