LEARN WHETHER CHAPTER 7 OR CHAPTER 13 BANKRUPTCY IS RIGHT FOR YOU
Both Chapter 7 and Chapter 13 bankruptcy are viable options for anyone wanting to eliminate their debt and get back on track to financial solvency. However, filing for bankruptcy can be a complicated process and involves more than simply turning in court documents.
Before analyzing your income and expenses to determine if Chapter 7 or Chapter 13 is your best option, you’re required to undergo credit counseling within six months before filing.
Chapter 7 bankruptcy wipes out all dischargeable debts and gives you a fresh start by liquidating your assets and then distributing the proceeds amongst your creditors.
Chapter 13 bankruptcy restructures your debt and allows you to make payments over a 3 or 5-year period. One of the main advantages to filing for Chapter 13 is you get to keep your assets, including your home or business.
When you need relief from crushing debt, turn to Larry E. Schneider, Attorney at Law in Topeka, KS. Call 785-233-6704 as soon as possible.
DON’T WAIT UNTIL IT’S TOO LATE – CALL OUR LAWYER TODAY
Although Larry E. Schneider, Attorney at Law specializes in helping Kansas residents file for Chapter 7 or Chapter 13 bankruptcy, our attorney also manages cases pertaining to:
Divorce
Probate
Wills
Schedule a consultation today by calling our Topeka, KS, office at 785-233-6704.