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A bankruptcy can be an extremely powerful tool. It can allow you to restructure or eliminate your debt burden. It can help to protect your property and stop creditors from harassing you for payment. However, filing for bankruptcy is also very serious. The process demands careful attention and preparation, if you want to get the most possible benefit.
A simple way to help make sure that you fully understand the bankruptcy process, go through it quickly, and get the most out of it, is to hire an attorney. I am ready to help you with your bankruptcy. Please read the information on this site to learn more about whether filing for bankruptcy is right for you. If you decide that you want to file for bankruptcy or have any questions, please contact me. I am ready to help you.
Thanks and best wishes!
Stephen A. Katz
Chapter 7 Bankruptcy
This is the most common type of bankruptcy proceeding. It is a liquidation procedure, meaning that your property will be sold, and the proceeds given to your creditors.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a more powerful procedure than Chapter 7 bankruptcy. It allows you to restructure your debts, and pay them off over time.