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Consider your income, assets, creditors, expenditures, and your ability to pass the means test while selecting between Chapter13 and Chapter 7. You should get legal assistance from a knowledgeable bankruptcy attorney in Denver. The United States Bankruptcy Code governs both chapter 7 and chapter13bankruptcy.
Chapter13bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter13bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter13Bankruptcy Filing?
There are exemptions depending on the property and how essential it is, but anything considered nonexempt will likely be sold to help pay off your creditors. In Chapter13Bankruptcy: Chapter13bankruptcies work a little differently. Student loans can be particularly challenging.
Whether you’re facing foreclosure , repossession, wage garnishments, or relentless creditor harassment, our expertise in bankruptcy law can offer the protection and relief you’ve been seeking. One of our firm’s key strengths lies in our comprehensive understanding of both Chapter 7 and Chapter13bankruptcy options.
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