Do I need to file bankruptcy?

Is bankruptcy the right call for me? Many people who are overwhelmed by debt may not need to file bankruptcy. If your sole source of income is social security or other exempt funds such as VA Benefits or a pension, you may not need to file bankruptcy to be protected from garnishment. Debtors who have no significant assets and who’s sole source of income is derived from funds which are protected by law…

Why Chapter 13?

Why would a debtor choose to file Chapter 13 over Chapter 7? If a debtor wishes to protect non-exempt property from liquidation that would be lost in a Chapter 7. The debtor is behind on auto or house payments and needs to cure the arrears over time. Debtor wishes to modify the secured debt on a vehicle or mobile home. Debtor is not eligible to file Chapter 7 or to…