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BANKRUPTCY
The objective of this website is to provide the
person, thinking about filing bankruptcy, the information he or
she needs to make an informed decision. You will then have a good
understanding of what the law allows when you meet with your Bankruptcy
Lawyer or Attorney.
- A Chapter 7 Bankruptcy wipes out all a person's eligible
debts usually within four months. In the vast majority of
cases the debtor has no assets that he or she would lose.
Chapter 7 gives a person a relatively quick "fresh start".
- A Chapter 13 Bankruptcy is for people who want to pay off
part of their debts over a period of three to five years.
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