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Videos about ch 7, ch 13, and common fears and misconceptions about bankruptcy

Six Bankruptcy Fears and Misconceptions

Will I loose property? Everyone will know! I can file only once. Can I “max out” on credit cards? I’ll never get credit again! Only deadbeats file for bankruptcy. Share
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Video: Chapter 13 bankruptcy

Video:  Chapter 13 bankruptcy

A Chapter 13 bankruptcy is very beneficial to the debtor in those situations where an asset or assets need to be protected, such as when a house is in foreclosure or a car is out for repossession. The Chapter 13 bankruptcy will immediately stop the foreclosure or repossession and all the past due amounts...
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Video: Chapter 7 Bankruptcy

Video:  Chapter 7 Bankruptcy

In a Chapter 7 bankruptcy the court will discharge most types of debt including credit card balances, medical bills and finance company loans. Some types of debts like recent income taxes, student loans and child support obligations are not removed. On secured debts, like a home mortgage or car loan, you have the option...
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