When you are tossing around the idea of using Chapter 7 bankruptcy, it is important to fully research, analyze, and evaluate this branch of bankruptcy before you use it. To do this, you should meet with an experienced lawyer and be prepared by having a list of questions ready for this visit. Among your questions might be the following three that many people have when they are considering Chapter 7 bankruptcy.
2019
- Carrying around a load of debt that you cannot pay back is an overwhelming feeling, and bankruptcy is one way out. However helpful bankruptcy may be for typical debts, such as mortgage loans you can't pay and car payments you can't afford, bankruptcy cannot always discharge every type of debt. There are actually some debts that you will remain responsible for no matter what type of bankruptcy you file. Here is a look at some of the debts that are not normally discharged during bankruptcy.