The New Bankruptcy: Will It Work for You?
The New Bankruptcy: Will It Work for You?
For instance, you'll learn that Chapter 7 will do the following:
- eliminate credit card balances, utility bills, and more
- protect property needed to work and live, and
- provide debt relief without requiring you to repay creditors.
Chapter 13 bankruptcy involves a three- or five-year payment plan that will allow you to:
- catch up on a house or car payment
- pay off an overdue tax or support balance, and
- pay an amount you can afford on other debts, such as credit cards and student loans.
Also, this guide includes an online companion page with downloadable worksheets and easy-to-use charts, as well as a sample bankruptcy filing on the latest official legal forms.
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For instance, you'll learn that Chapter 7 will do the following:
- eliminate credit card balances, utility bills, and more
- protect property needed to work and live, and
- provide debt relief without requiring you to repay creditors.
Chapter 13 bankruptcy involves a three- or five-year payment plan that will allow you to:
- catch up on a house or car payment
- pay off an overdue tax or support balance, and
- pay an amount you can afford on other debts, such as credit cards and student loans.
Also, this guide includes an online companion page with downloadable worksheets and easy-to-use charts, as well as a sample bankruptcy filing on the latest official legal forms.
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