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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

There are many intricacies that set Chapter 7 and Chapter 13 Bankruptcy apart. Chapter 7 Bankruptcy: A petition is filed in the Bankruptcy Court seeking a discharge of most types of debts. Chapter 13 Bankruptcy: Chapter 13 bankruptcy is a reorganization of debts for debtors with regular income.

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Should You File for Bankruptcy if a Strong Economy is Just Around the Corner

Titan Consulting

Bankruptcy will destroy your credit and remain on your credit report for up to 10 years. In many cases, you may also lose certain secured assets like homes and cars in a liquidation to pay your creditors some of what you owe. You must qualify to file for bankruptcy, and your income must meet an income means test.

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Tips For Credit Card Debt Relief

Sawin & Shea

If you are drowning in debt but aren’t sure which option is right for you, it can help to consult with an experienced lawyer. At Sawin & Shea, LLC, our attorneys have years of experience helping clients find relief from credit card debt. 5 Tips and Solutions for Managing Credit Card Debt. Debt Settlement.

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Dealing With Debt From COVID-19

Debt Free Colorado

Below you’ll find some strategies for working with your creditors and deciding which bills are the most important if you can’t pay them all. Reach out to your creditors. The decisions regarding which creditors get paid and which do not can have long term consequences and will require a strategy. Triage your finances.

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How Much Debt Is Needed to File for Bankruptcy?

Sawin & Shea

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 Chapter 13 bankruptcy options.

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Need Debt Relief? Here Are Your Options

Debt Guru

Also, if you had a co-signer on any of your debt, they would now be responsible for the balance. This type of bankruptcy will stay on your credit report for ten years. This type of bankruptcy stays on your credit history for 7 years. Debt Settlement. There’s one catch, although luckily it’s overcome easily.

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How to File for Bankruptcy

Better Credit Blog

There are several different types of bankruptcies, but the majority of individuals can only file for Chapter 7, which is also known as liquidation bankruptcy, and Chapter 13 bankruptcy, which is also known as the wage earner’s plan. How Much Does It Cost To File For Bankruptcy?