Once you've decided to file for bankruptcy, you'll need to determine which type of bankruptcy best fits your situation. Chapter 7 bankruptcy is what most people think of when they imagine filing for bankruptcy. When you work with the Law Offices of Christopher C. Carr in Downingtown, PA to file for Chapter 7 bankruptcy, our goal will be to have your debts discharged.
In short, Chapter 7 bankruptcy results in the near-complete elimination of debts. It will stop foreclosure and stop creditors from calling. Feel free to contact us today to find out if you qualify.
Chapter 13 bankruptcy is perhaps the less well-known type of bankruptcy. Instead of eliminating debts, Chapter 13 bankruptcy focuses on restructuring and reducing your existing debts. It will halt your outstanding payments and give you room to breathe. In many cases, it can even be used to avoid foreclosure.
To learn more about Chapter 13 bankruptcy, call the Law Offices of Christopher C. Carr today.