Should I file Chapter 7 or Chapter 13? Part 1 – Chapter 7

I can’t tell you how often we have clients calling us and explaining that they only want to file Chapter 7 bankruptcy, or they ask us “should I file Chapter 7 or Chapter 13”? There are various advantages and disadvantages to each chapter, and we explain these to our clients so that they can make an informed decision that’s right for them.

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What Happens If You File Bankruptcy?

What Happens if You File Bankruptcy?

Many of our clients ask us what happens if you file bankruptcy? This is a very important question, and several significant Bankruptcy Code provisions are triggered when filing bankruptcy. Learn more about the automatic stay, bankruptcy estate and the bankruptcy trustee.

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What does it mean to file bankruptcy?

Maryland Bankruptcy Questions

There are many misconceptions around bankruptcy and what happens when someone declares bankruptcy. Bankruptcy is a useful tool to get back on track and the help is available if needed.

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What are the reasons people file for bankruptcy?

What are the reasons people file for bankruptcy?

Bankruptcy is a fresh start to help get out from underneath the burden of debt. Most of the time, there are specific life circumstances that lead to changes in income or expenses, and bankruptcy can provide a lifeline when these unexpected circumstances occur

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