Consumer Bankruptcy Lawyers - NATIONWIDE
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Select a State to contact a Consumer
Bankruptcy Attorney>>>
Consumer
Bankruptcy Information
WHAT
IS CONSUMER BANKRUPTCY?
A
bankruptcy case filed to reduce or eliminate debts that are primarily
consumer debts
Select
a State to contact a Consumer Bankruptcy Lawyer>>>
Fast
Facts about Bankruptcy
There are different types of bankruptcy, which are detailed in our FAQ's
section of this Web site. Briefly, consumers can either immediately
discharge all of their debts (Chapter 7)
or slowly pay a percentage of them off over time as they continue to
work and earn income. (Chapter 13) Businesses
can enter what's called "bankruptcy protection" (Chapter
11) while they reorganize themselves in a way that's acceptable
both to their creditors and to the United States Bankruptcy Court. Bankruptcy
law is federal in nature, and therefore is under the jurisdiction of
federal law and courts.
Every
bankruptcy involves a process by which debts are eliminated. Each bankruptcy
takes time and effort, and you must organize your debts concisely in
order to have a successful bankruptcy filing. Any licensed attorney
specializing in the field of bankruptcy is more than qualified to guide
you through this process. Please see our attorney directory to locate
an bankruptcy attorney near you!
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