Are you finding it immensely difficult to pay down your debts? Are you getting constant calls from creditors and debt collectors? If so, then you can consider filing bankruptcy in order to tackle these problems. Bankruptcy helps you discharge both secured and unsecured debts. If you file Chapter 7 bankruptcy, then you can get rid of debt within 3-4 months. If you file Chapter 13 bankruptcy, then you'll be able to pay back your creditors within 3-5 years. Just make sure you consult an attorney before filing bankruptcy. The attorney would help you face and answer all sorts of questions asked in the 341 meeting. In addition to that, he would help you submit all the required papers on time. This would prevent your bankruptcy case from being dismissed.
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1. Bankruptcy in a nutshellIt is a legal process which helps
you get out of debtThe court approves and decides the payment
planYou can get out of debt within a few months or 5 years
2. Best time to file bankruptcy When you couldn't arrange a
repayment plan with your creditorsWhen you've accrued a huge debt
amountWhen you want to get out of debt within 3-4 monthsWhen you
want to avoid lawsuits and stop foreclosure 3. Why it is a good
decision to file bankruptcy 4. Why filing bankruptcy is not a good
decisionThe bankruptcy attorney fees can be quite high. The total
process is quite complex. Bankruptcy stays on your credit report
for 7-10 years. Your credit score may drop by several points. 5.
Tips to use before submitting bankruptcy petition List all your
creditors and properties Report your income and debts properlyDon't
misrepresent the factsGo through credit counselingConsult an
experienced attorney 6. DebtConsolidationCare To get detailed
information on debt solutions Contact us at 800-332-8913 Send mails
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