Most people believe that Bankruptcy is a bad thing. Some people even think it is illegal. In fact, Bankruptcy is a good thing that helps many people through very difficult times such as when someone loses a job, becomes ill, or when a loved one passes away. Bankruptcy is even available for businesses that either need to reorganize their debt to become more efficient, or need to shut down because they are failing.

Bankruptcy is a tool that the federal government has provided to give individuals the ability to take control of their debts and take care of themselves and their families. There are several types of bankruptcy that one can file. The most common types are Chapter 7, Chapter 11, and Chapter 13. Each chapter is very unique and provides the person filing with specific tools to handle their individual debts. There are many factors involved in determining which chapter is best suited for each individual. If you are interested in how a bankruptcy could help you, we encourage you to schedule a free consultation.