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Financial problems are deeply disturbing and extremely stressful. Do not feel alone or embarrassed about considering bankruptcy. Being able to determine what type of bankruptcy, as well as whether or not you need to file one, is part of the service The Dougherty Law Office provides.
bankruptcy
chapter 13:
An individual who is overwhelmed by debts may file under Chapter 13, which permits the debtor to be under the court's protection while getting rid of debts.
chapter 7:
Often called the liquidation chapter, chapter 7 is used by individuals, who have no hope for repairing their financial situation. In chapter 7 cases, the debtor's estate is liquidated under the rules of the bankruptcy code.
