Bankruptcy allows the debtor to regain control of their finances. Bankruptcy filings were set up to provide a “fresh start” for individuals and companies that cannot cover their debt. Through a bankruptcy filing, debt can be eliminated or paid back in monthly increments.
Qualification depends on a number of items including the amount of total debt and your current income. Please contact Glenn using the contact form to your right to determine if filing for chapter 7 or chapter 13 bankruptcy is in your best interest.
You can file for bankruptcy in as quick of a time period as one day. Normal time usually takes about 2 weeks.
Yes. There are different options depending on the type of bankruptcy that is chosen. Usually, filing for bankruptcy will stop you from losing your assets to creditors.