Which One Is Better: Chapter 7 Or Chapter 13?

Posted on: 22 May 2019
If you are in the initial stages of evaluating bankruptcy as a way out of debt, you might wonder whether it is better to use Chapter 7 or Chapter 13. This is one of the first questions people ask bankruptcy lawyers when meeting with them, and the answer is always the same. It depends. Here are several factors that will help you determine which option is better for you. The types of debts you have
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Why Declaring Bankruptcy Can Be Good If You Have Numerous Outstanding Payday Loans

Posted on: 27 February 2019
Obtaining a payday loan may be necessary for a variety of reasons, but if you're still struggling financially afterward, you might decide to obtain another such loan. It's easy to accumulate loans from several payday lenders in a short amount of time, and this can leave you in a deep financial hole that is difficult to climb out of. If you're in this situation, it might be time to think about declaring bankruptcy.
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Exploring Chapter 13 Bankruptcy

Posted on: 2 January 2019
Many people who are drowning in debt are reluctant to file bankruptcy. They may be worried it will affect their credit even more, or they are concerned others will think less of them for neglecting their creditors. While these are legitimate concerns, they aren't necessarily true, particularly when people file Chapter 13 bankruptcy rather than Chapter 7. Here is what you should know about your legal rights under the federal bankruptcy code.
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Choosing Bankruptcy For Uninsured Cancer Medical Bills: Which Type Is Best?

Posted on: 14 November 2018
As people age, health problems such as cancer impact their lives in various ways. Unfortunately, uninsured cancer medical bills can make life very difficult for a large number of people. In this situation, bankruptcy might be the only possible choice for many. Knowing which type of bankruptcy to choose is critical for your financial and health future. Cancer Medical Bills Are Often Astronomical A person going through cancer treatment may end up having to pay as much as $100,000 per year for their treatment.
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