Debt is something that is hard to deal with. For some people, the desire to get out of debt is a pull so strong that they are willing to do almost anything to get the creditors out of their life.
We know that you want to know what options you have for taking care of debt. There are several options that might be available. You might be able to consolidate the debts so that you have one payment instead of multiple payments. You might decide that you can't handle this at all and opt to explore bankruptcy.
If you opt to file bankruptcy, we can help you to explore the different types that might be appropriate for your case. This might be helping you to file Chapter 13 if you can repay some of the debts on a set schedule or a Chapter 7 if you meet asset limits for this type of bankruptcy.
You should make sure that you know the difference between the two types. Chapter 13 is often referred to as a working man's plan and Chapter 7 is known as a liquidation bankruptcy. What assets you can hang onto varies depending on the type of bankruptcy you file. This is often a big consideration for people who file and want to hang on to their home.
We understand that your future is important to you. We can help you understand the different ways that your options might affect you. Ultimately, the decision is yours to make so you should think carefully about how you want to achieve a fresh financial start.