If you’re considering bankruptcy, you might wonder what the difference is. Personal bankruptcy can be filed with a Chapter 7 or a Chapter 13. A Chapter 7 bankruptcy allows you to walk aways from all your debts. If you file a Chapter 13 bankruptcy, you’ll pay a portion of the debt over 3 to 5 years.
If you’re at your wits end with debt, ask an attorney about the benefits of each type of personal bankruptcy, to determine which Chapter could suit your needs.
Because each individual financial picture is different, there is no cookie cutter solution to personal bankruptcy. Call Collins & Arnove today and get ready to say goodbye to debt.
Collins & Arnove | Personal Bankruptcy Wylie TX | 972-516-4255