The past year was an epic struggle with the health issue that you’ve been dealing with, the credit card debt and various other debts.
It’s normal to talk to a bankruptcy attorney when you are unable or unwilling pay your debts. There are two varieties of bankruptcy most people will need to choose from that are Chapter 7 or Chapter 13. There are pros and cons in both the Chapter 7 bankruptcy in addition to all other types. Chapter 7 allows one can legally be free of most consumer debts if they fulfill certain criteria. Chapter 13 means the only way to repay their debts as one lump sum at an amount that they can be able to pay. In all active bankruptcy cases, it will result in the end of wage garnishments for the most part. There are many benefits and drawbacks to filing bankruptcy.
For access to an bankruptcy judge, it is vital to seek out a qualified bankruptcy attorney. They can assist people with making educated decisions and determine if Chapter 7/13 might be appropriate for them. xc1dkenryd.