America leads the world in bankruptcy law innovation, which means ensuring that consumers can defend themselves against creditors, and impossible debts can be restructured or discharged. Below is a list of questions and some answers you should know to make sure your filing of a bankruptcy claim goes smoothly.
1. Is bankruptcy my best solution?
This question should provide you with a lot of answers. The bankruptcy attorney should explain both Chapter 7 and Chapter 13 bankruptcies and offer recommendations or options based on your individual situation. The recommendations should also be supported with the pros and cons needed to make the right decision for your financial future.