Bad things happen to good people and sometimes they need help. Bankruptcy “administers” your debt and figures out what debts should be paid, in what order they should be paid and whether they will be paid. While Bankruptcy shouldn’t be done lightly, the majority of Chapter 7 Bankruptcy cases are “no asset” cases where the debtor doesn’t have to give up any of their possessions. Find out what the new Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) limitations are and whether you qualify.
- Eliminate your credit card, medical and personal loan debts.
- Find out what assets you can keep.
- Stop wage garnishments and bank account executions.
- Learn what you can do to reestablish your credit and what the negative side of Bankruptcy can be.