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Chapter 7 of the Bankruptcy Code presents for “liquidation” or discharge of sure debts to give an truthful personal debtor a “fresh begin.” The person debtor has no liability for discharged debts.Chapter seven bankruptcy is often identified as “liquidation” bankruptcy. Men and women typically choose this chapter when they don't have ade… Read More


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Chapter 13 can be a restructuring of financial debt and consolidates your whole credit card debt right into a court accepted “prepare”. Most Fredericksburg buyers who never personal their residence or have useful residence file Chapter seven though homeowners ordinarily file Chapter 13 which makes it possible for them to help keep their propert… Read More