Bankruptcy

Home BANKRUPTCY DEBT ELIMINATION STRATEGIES

Although bankruptcy generally has a negative connotation, if used properly, it can be a powerful tool to wipe out debt, terminate lawsuits and even modify or cancel contracts. Bankruptcy can also stop foreclosures and give homeowners the time they need to repay missed mortgage payments. Bankruptcy gives you the opportunity to leave your debts behind and provides you with a "fresh start". The following is a summary of the benefits of the three main types of bankruptcy, which are subject to changes at any time by federal and/or state law, case-law or court rules.

WARNING: THE BANKRUPTCY LAW HAS CHANGED. IF YOU ARE CONTEMPLATING BANKRUPTCY, YOU MUST COMPLETE DEBTOR COUNSELING BEFORE YOU FILE IN MOST CASES. Please email or call us first for an initial telephone screening and then check the LIST OF APPROVED DEBT COUSELING AGENCIES AND CONTACT THEM. Please make sure that you ask for the "PRE-BANKRUPTCY COUNSELING."

To go directly to my Bankruptcy Forms click here. You will need the free Adobe Acrobat reader to download the form.

CHAPTER 7 BANKRUPTCY (STRAIGHT BANKRUPTCY)