It is the number one question asked of bankruptcy attorneys, “Is bankruptcy the right choice for me? Millions of people file every year and the decision is never easy. There is no one who wants to file bankruptcy. However, the protection can help you get out of debt and give you your life back. Would that be of benefit in your situation?
Many people believe that you can go to court, and you simply have your debts erased. But things are a bit more complicated than that. For individuals, there are two types of bankruptcy.
Chapter 7 has the potential to eliminate your debts, and Chapter 13 reorganizes your debts, helping you to pay all or part of what you owe. Nonetheless, either option will force an automatic stay to stop creditors and debt collectors from the continuing of debt collection activity.
So, how do you know if bankruptcy is right for you?
When is bankruptcy NOT the right option for you?
What haven’t we covered yet that is important to you? If you would like to talk and learn if bankruptcy is the right choice in your situation, or you need more information, please contact us.
Have the professionals guide you out of this horrible event the right way but also the quickest way. With over three decades of experience, HARRIS S. AMMERMAN, is dedicated to serving anyone who is experiencing overwhelming debt and needs to file for bankruptcy relief under Chapter 7, or chapter 13. We are pleased to serve the Washington D.C., Maryland and Virginia areas, call today at (202) 638-0606 for a free consultation. If you would like to talk more about how to rebuild your credit after bankruptcy, or need additional information, please contact us.
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