Cox Keller Lusardi
When individuals are faced with insurmountable debts, it is possible to seek relief by filing for personal bankruptcy under Chapters 7 and 13 of the U.S. Bankruptcy Code. A Chapter 7 filing is referred to as a liquidation bankruptcy because the debtor's property and assets are sold to pay off unsecured debt and any remaining debt is then eliminated or discharged. A Chapter 13 bankruptcy, on the other hand, is known as a reorganization bankruptcy in which a court-approved repayment plan is set up to pays off debts with future income. Unlike a Chapter 7 bankruptcy, however, the debtor is allowed to keep his or her property. Civil Litigation
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- Automobile Accidents
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- Chapter 13
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- Personal Injury
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Even though it's not on my credit or does my credit profile say anything about a debt collection being owed.
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