We are dedicated to the protection of consumers against abusive and illegal collection practices by debt collectors.
Chapter 7 and 13
File personal bankruptcy under the U.S. Bankruptcy Code: Chapter 7 or Chapter 13 bankruptcy.
Under chapter 7 Bankruptcy, or “Liquidation of Assets,” certain consumer assets are liquidated to pay off outstanding debts to creditors. Once filed, this type of bankruptcy is typically discharged approximately 3 months later with no further payments made by the consumer.
Chapter 13 bankruptcy is an Adjustment of Debt plan under which the court may approve a repayment plan. Under chapter 13 bankruptcy, the consumer must make partial payments to its creditor periodically over a period of several years. Once the repayment plan is complete, the bankruptcy is discharged.