As a consumer, what Chapter of Bankruptcy is right for you? A Chapter 7? A Chapter 13? A Chapter 20? A Chapter 7 Bankruptcy involves the collection and liquidation of non-exempt assets. The proceeds of the non-exempt assets are distributed to your unsecured creditors. A Trustee will be appointed to your Bankruptcy case to administer [...]
A local news channel, KCTV 5, was interviewing a woman who had filed bankruptcy in a piece titled Bankruptcy a Blessing? The woman stated, “Bankruptcy is a dirty word. But, it saved our lives, it really did.” I was amazed that this woman was so relieved, yet refused to have her face shown during the [...]
Consumers must do their research before signing up with a debt settlement company.