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Category: Bankruptcy

What is Chapter 13 Bankruptcy?

By: gshlaw
Apr 21, 2014
Chapter 13 Bankruptcy is a repayment plan that offers distinct protections under the Federal Bankruptcy Code, allowing a debtor to reorganize debt and pay creditors in monthly payment arrangement. Chapter...

What is Chapter 7 Bankruptcy?

By: gshlaw
Apr 21, 2014
Chapter 7 Bankruptcy is the most common form of bankruptcy utilized in the United States today. Chapter 7 is a way to eliminate debt with generally no repayment to creditors....

How Does Bankruptcy Protect You?

By: gshlaw
Apr 21, 2014
The filing of a Chapter 7 or Chapter 13 bankruptcy immediately invokes a protection called the “Automatic Stay”. This is a rule in the Federal Bankruptcy Code that immediately protects...

Why Consider Bankruptcy?

By: gshlaw
Apr 21, 2014
Your wages are being garnished, you are afraid to open your mail, you lost your job and your insurance and the medical bills are piling up, you recently got divorced,...