Chapter 7 bankruptcy is designed to wipe out debt and give you a fresh financial start. It stops collection activity and wipes out unsecured debt. In addition, it stops foreclosure and repossessions, and it allows you to return cars and houses without owing a deficiency balance. Click here to learn more about Chapter 7, and contact us to see if bankruptcy is the right solution for you.
Chapter 13 bankruptcy stops foreclosures, repossessions, and wage garnishments and gives you a chance to repay debts while under the protection of the Bankruptcy Court. Chapter 13 plans often offer a repayment plan that is less than a debt consolidation plan offered by most credit counseling agencies. To learn more about Chapter 13, click here. You can also contact us with questions.