A COMPASSIONATE & COMPETENT ATTORNEY WORKING FOR YOU FREE CASE EVALUATION

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Chapter 7 may or may not give you enough help if you are behind on your home mortgage and/or vehicle loan.

Most Chapter 7 “straight bankruptcy” cases are in fact straightforward. Here are two of the main circumstances that create complications.

How does consumer bankruptcy protect your personal and/or business assets that you gave as collateral on a loan?

How does consumer bankruptcy protect the furniture, computer and such that you bought on credit?

Here are 7 ways filing a Chapter 7 case can help you deal with your home lender and 8 ways filing a Chapter 13 one can.

A Chapter 7 case makes sense if you want to keep your vehicle and don’t need much help doing so. Chapter 13 provides much more help.

Chapter 7 is quick. It’s usually best when it discharges most of your debts. Chapter 13 gives you time to address debts Chapter 7 doesn’t.

Can you solve your debt problems by settling, consolidating, or just not paying the debts? What are the advantages/disadvantages of each?

To make this decision well, accept that you need help, become well-informed about your options, then with good counsel make the best choice.

Your bankruptcy case will make much more sense if you know the roles of the people involved, starting with debtor, creditors, and clerk.