Before you make any decisions, you'll need to fully
understand the differences between Chapter 7 and Chapter
13 bankruptcy and assess which would be the better option
for your particular circumstances. Generally speaking,
Chapter 7 bankruptcy is a better option for debtors who
have little or no property and mostly unsecured debt like
credit cards. For most debtors with regular income and a
desire to keep their property and avoid mortgage foreclosure,
Chapter 13 bankruptcy provides a better solution. However,
individual circumstances make every case different. A
bankruptcy lawyer in your area can more fully explain the
differences to you, and can help you decide which better fits
your situation.
A bankruptcy attorney will also be able to explain the means
test and how it might impact your options under the U.S.
Bankruptcy Code, and help ensure that you complete the
required pre- and post-filing credit counseling and debtor
education courses at the right stage in your bankruptcy case.
And the process doesn't end with your discharge. If you're
filing for bankruptcy protection, it's more important than
ever that you understand how to build good credit, how to
effectively monitor your credit report, how to protect
yourself against identity theft, and much more.
The bankruptcy process can be complicated, but a local
bankruptcy lawyer will be familiar with the exemptions in
your state and the workings of your local bankruptcy court,
and will be able to guide you through the legal system.
understand the differences between Chapter 7 and Chapter
13 bankruptcy and assess which would be the better option
for your particular circumstances. Generally speaking,
Chapter 7 bankruptcy is a better option for debtors who
have little or no property and mostly unsecured debt like
credit cards. For most debtors with regular income and a
desire to keep their property and avoid mortgage foreclosure,
Chapter 13 bankruptcy provides a better solution. However,
individual circumstances make every case different. A
bankruptcy lawyer in your area can more fully explain the
differences to you, and can help you decide which better fits
your situation.
A bankruptcy attorney will also be able to explain the means
test and how it might impact your options under the U.S.
Bankruptcy Code, and help ensure that you complete the
required pre- and post-filing credit counseling and debtor
education courses at the right stage in your bankruptcy case.
And the process doesn't end with your discharge. If you're
filing for bankruptcy protection, it's more important than
ever that you understand how to build good credit, how to
effectively monitor your credit report, how to protect
yourself against identity theft, and much more.
The bankruptcy process can be complicated, but a local
bankruptcy lawyer will be familiar with the exemptions in
your state and the workings of your local bankruptcy court,
and will be able to guide you through the legal system.
| BANKRUPTCY * REAL ESTATE * WILLS & ESTATES |
| Law Offices of Richard Minteer A Bankruptcy Relief Firm |
| Call NOW for a FREE Consultation 856-764-1800 |
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