All About Bankruptcy

Bankruptcy is a process for honest, hardworking people to obtain relief from the burden of debt.

Bankruptcy today is a way to obtain a fresh financial start and to help free you from the stress of debt.

The most common types of bankruptcy meant for consumer relief from debt are Chapter 7 and Chapter 13.

•     - Chapter 7: Often called “straight bankruptcy,” Chapter 7 completely releases you from most of your debts, except for student loans, some taxes, and child support payments. If you are making payments on a car or home, and you want to keep these assets, you would make arrangements with your creditors to keep paying for them.
•     - Chapter 13: Often called “wage earner’s bankruptcy,” this type of filing does not erase personal debt; rather, it gives you the chance to make payments to your creditors over a period of time – usually 3-5 years. It allows you to keep your assets while still reducing your debt.

You’ve worked too hard to continue struggling with debt problems and dealing with harassing creditors. There are solutions that can help you get back on track, rebuild your credit, and get back to your life or your business.

When you’re ready to end your bill problems once and for all, contact me or call (916) 442-3834 to set up a free, no-obligation meeting to talk about how I can help you.