Information Center debt that is g? Time for the start that is fresh? There are two main choices for filing bank that is personal

Distinctions: Chapter 7 and Chapter 13.

Overwhelming financial obligation? Time for the fresh begin? There’s two options for filing personal bankruptcy in Virginia: Chapter 7 or Chapter 13. through your free assessment our solicitors can allow you to determine which choice is perfect for your position.

Underneath the Federal Bankruptcy Code individuals overrun with financial obligation may make an application for bankruptcy security under Chapter 7 or Chapter 13. Each provides appropriate protection based on your own circumstances. Boleman Law provides everybody else a free of charge assessment with a skilled, experienced bankruptcy lawyer to examine and suggest choices. Just demand a scheduled appointment.

Chapter 7 bankruptcy

Often referred to as a “complete” or “straight” bankruptcy chapter that is ensures that anyone turns over all their non-exempt assets or home (vehicle, home, cost cost cost cost cost savings, for instance) up to a bankruptcy trustee whom offers it and distributes the profits to your unsecured creditors such as for instance credit card issuers, medical bills or loans.