This is the chapter that most people would probably like to file under, since it will wipe your slate clean so to speak of all debt. Chapter 7 is also called "Liquidation" because your assets will be liquidated, or sold, to pay your debt. Read more »
Some Answers To Basic Bankruptcy Questions
If you’re in debt over your head, and your job is not looking too secure, or if you’ve lost your job, filing personal bankruptcy can seem like a way to stop creditors, get rid of your debts, and move on with your life. Here is some basic bankruptcy information which can help explain more about [...] Read more »