Myth: Chapter 7 and Chapter 13 Bankruptcy are the same.
There are two types of bankruptcy available for most consumers. Each one takes a different approach to solving your financial problems.
Chapter 7: Commonly referred to as a “liquidation bankruptcy.” However, it is important to know that this doesn’t mean you have to sell all your assets! In fact, we are very successful in helping a large percentage of our clients keep the majority of their assets.
Chapter 13: Work to create a plan to reduce your overall debt. Next, an affordable payment structure is set up over a 3 to 5-year period.
The best way to find out which chapter will work best for your current situation is to speak with a qualified bankruptcy attorney who can look over your situation and give you unbiased advice.
Want to Know if Bankruptcy is Right for You?
Call us today to set up a free consultation. Our office can show you what options will work best for your situation. We believe in relationships that are based on trust. So, before we work together, we would like you to get to know us. We want you to be sure you are the right fit for us and that we are the perfect fit for you. This will allow you to be completely comfortable sharing intimate and difficult details of your case, so we can offer you representation to the fullest extent of the law.