Mounting debt, foreclosure, repossession, and the inability to make monthly payments stop the harassing creditor telephone calls can become overwhelming. The good news is, bankruptcy can provide the relief an individual needs to gain financial freedom and still keep some of their assets. Filing bankruptcy is completely legal and can erase an individual’s debt. Depending on the type of bankruptcy an individual is eligible to file will determine whether they can keep their house, car and other assets while eliminating their debt.
Filing Without An Attorney
An individual can file bankruptcy on their own, but they should thoroughly research the process and the forms that must be submitted to the court. They will also need to determine if they’re filing Chapter 13 or Chapter 7 bankruptcy. Chapter 13 is more complicated and Chapter 7 is considered a simple bankruptcy.
Can Any Type Of Attorney File Bankruptcy?
Although any type of …