Not every individual in financial distress needs to file for bankruptcy to reorganize their finances. However, when suitable - bankruptcy can provide a fresh start.
Bankruptcy claims are filed in the Federal Court System as a solution to insolvency. There are various types of bankruptcy and reviewing your finances, assets, and delinquencies with a qualified and experienced attorney can help you determine the best course of action to resolve your financial issues.
Several of the most well known types of bankruptcies are Chapter 7 and Chapter 13, bankruptcies.
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