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Chapter 7.

You need to understand the issues relating to which type of Bankruptcy you can file



 Chapter 13.

If you are unable to file Chapter 7, you need to understand the benefits and responsibilities of Chapter 13.

Bankruptcy

Chapter 7 is total bankruptcy.  Chapter 13 is reorganization.  Business bankruptcy can be complicated, to say the least.  Bankruptcy is a Federal event.  Federal law is complicated and confusing. 

 

Many people think they can just file Chapter 7 and walk away from their debts.  Not always true.  You may have to sell your home to file Chapter 7.  You need to talk to a professional to understand what your best option is. 



CLICK HERE TO FILL OUT A CONFINDENTIAL BANKRUPTCY FORM




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