Understanding the different types of bankruptcy can help you make informed decisions about your finances. Edward J Fintel & Associates can help you file for...
Chapter 7 Bankruptcy
When you file for Chapter 7 bankruptcy, your goal is to dismiss your debt by liquidating other assets. These are often physical belongings, such as cars and property. You have to qualify for Chapter 7 bankruptcy, so it's important to complete the filing process properly.
Chapter 13 Bankruptcy
Instead of liquidating your assets, Chapter 13 bankruptcy allows you to create a payment plan for your debt. This repayment plan typically spans three to five years. Our bankruptcy attorney often recommends this route if you're significantly behind on your monthly car, mortgage or loan payments.
With bankruptcy law services from Edward J Fintel & Associates, you'll have an experienced lawyer by your side to guide you. Make an appointment today by calling 315-424-8252.