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Need Debt Relief? Here Are Your Options

Debt Guru

When your voicemail is filled with messages from collection agencies and stacks of bills arrive in your mailbox that you have no chance of paying, it’s time for some serious debt relief help. So, when should you seriously consider debt relief? Chapter 7 bankruptcy comes with some serious downsides.

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Debtor Education Course After Filing for Bankruptcy

Sawin & Shea

(Each type of bankruptcy is named after the chapter of the code that describes it.) There are some key differences between these two types of bankruptcy. Qualified Instructors: Seek out courses that are led by certified credit counselors and financial educators, as this will translate to a more tailored and insightful course.

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10 Common Questions About Bankruptcy

Debt Free Colorado

There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. However, Chapter 7 and Chapter 13 bankruptcy are the two types of bankruptcy that are most frequently filed. Chapter 7 is known as liquidation in bankruptcy legislation.