Frequently Asked Questions in Bankruptcy

How do I know which bankruptcy chapter I qualify for?

Answer:

We will do a financial analysis and apply the results to the local means test to make a final determination.

Can bankruptcy stop a foreclosure or repossession?

Answer:

In most instances, a timely filed chapter 13 bankruptcy will stop a foreclosure or repossession. There are exceptions to this rule. We can determine if there are any exceptions after reviewing your case.

Will bankruptcy get me out of having to pay my creditors?

Answer:

It depends on the circumstance. A chapter 7 bankruptcy may discharge unsecured debts such as certain credit cards, personal loans, and medical bills depending when they were created. A chapter 13 bankruptcy will allow you to catch up on your back car payments and house note payments depending on the circumstance. We can make a determination after reviewing your case.