Bankruptcy is a drastic way to protect yourself against creditors. For some people, filing for bankruptcy is a hard pill to swallow when they consider themselves to be responsible and efficient individuals. You should remember though that bankruptcy is designed to give you a fresh start in life so don’t hesitate to take advantage of [...]
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Bankruptcy Chapter 13 Information
Chapter 13 Bankruptcy is known as a reorganization bankruptcy. It is filed by individuals desiring to pay off their debts in a time frame of up to 5 years. If a debtor has non-exempt property that they wish to keep and a predictable income, this is an option. The income must be sufficient to have [...]
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