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Which is the better option for me: Chapter 7 or Chapter 13? What is the difference?
In New Mexico, depending on a individual’s income, assets, and goals; filing under the correct chapter may be extremely important. Learn the differences between the two chapters and which one may be a better fit for your specific situation.
ENTER YOUR INFORMATION BELOW FOR A FREE BANKRUPTCY CONSULTATION:
What happens after a foreclosure? Is bankruptcy a better option?
Many people are concerned with the effect of bankruptcy on their credit, but are
willing to go through a foreclosure process -
How will bankruptcy affect my credit? How does it compare to foreclosure/defaults?
One of the biggest fears surrounding bankruptcy is it’s possible effect on credit
scores, but should the consumer be that afraid? It will probably come as a shock
to many to learn that a credit score may actually increase after the filing of a
bankruptcy, due to the fact that a person’s debt-
Who files for bankruptcy? Don’t I have an obligation to pay my debts? What causes people to need to file for bankruptcy law protections.
People are surprised to find out that out-
What happens to my possessions, car, house, etc, in a bankruptcy?
Exemptions are property that can be protected when filing for bankruptcy. The bankruptcy
process aims to give families a fresh start by allowing them to keep a lot -
I want to file a chapter 7; is this option available?
Although many people would prefer to file a chapter 7, sometimes there are considerations which prevent them from being able to. Bankruptcy planning by an attorney may also turn a Chapter 13 case into a Chapter 7 case. Find out if you may qualify for a Chapter 7.