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Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows an applicant to sell their nonessential property like a second home, heirlooms, and retirement accounts and put that income toward paying off their debt. The government will then discharge the remaining unsecured debt. |
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Chapter 13 Bankruptcy
Instead of immediately discharging debt, Chapter 13 bankruptcy restructures the debt into a three-year to a five-year payment plan. After the debtor has made all their payments, the government will discharge any debt that is left over. |
Find Out If Bankruptcy Is Right For You
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Bankruptcy can have a bad reputation, but learning about bankruptcy can help you take the first step toward filing for bankruptcy. Financial hardship is difficult, but it does not have to be a lifelong sentence. Bankruptcy has the power to eliminate a massive amount of debt, but it won’t happen unless you file for bankruptcy first. US Consumer Law Group can help you navigate the tumultuous waters of bankruptcy so you can achieve financial freedom.
Why Choose Us:
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