[Libreoffice-ux-advise] Learn about bankruptcy options

[Bankruptcy_Online_Legal_Help]

Buried in bills Bankruptcy might help
 
Bankruptcy may be right for you


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There are 2 types of bankruptcy individuals typically file. The first, Chapter 7 (or liquidation) is what most people think of as bankruptcy. Basically every debt is listed on the paperwork and discharged except for those which the debtor wants to keep (as long as he is current) and those which are nondischargable, which include debts entered into by fraud (like bounced checks), child support, recent back taxes and student loans. He could reaffirm (keep property and pay for it) certain debts, like a house or a car, assuming he is current. This is a contract between the creditor and the debtor stating that he can keep the property and debt as if he had not filed for bankruptcy. 





























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