Although bankruptcy is not the right solution for every consumer or business owner, it may be for you. If you’re suffering from severe financial hardship, are unable to pay your bills or trying to prevent foreclosure on your home, you may find this debt relief option very beneficial for your situati0n. Here are 3 reasons…
When you file for chapter 13 bankruptcy protection you are required to repay your outstanding debt, usually within a three to five year period, and allowed to keep your property. This bankruptcy option can be ideal for working individuals who have a substantial amount of debt on secured assets like a home, automobile or other…
The short answer is Yes. Chapter 13 bankruptcy is typically designed to help working individuals protect assets like their home and automobile while adhering to a plan that ensures your creditors are paid. You can seek the help of an experienced bankruptcy lawyer in structuring a three to five year payment plan that will allow…
Deciding whether bankruptcy is the best choice for your personal situation, is not an easy decision to make. Individuals seek bankruptcy relief for a number of reasons. As you consider filing for bankruptcy, ask yourself the following questions: Are you receiving threatening notices from your creditors? Are you on the verge of foreclosure? Have you…