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Bankruptcy
Should you file for
bankruptcy and if so, under what chapter?
There are several chapters
of the Bankruptcy Code under which a person may file bankruptcy. It
is important that you speak with a competent attorney who can sit
down with you and assess your individual situation and determine and
explain to you what your options are and give you a recommendation.
Several factors to be considered are:
*what is the nature of the
assets that you want to protect?
*what are your spouse’s
financial interests in your assets?
*what is the nature
of your exempt assets that are protected under state law?
*are your debts mostly
secured or unsecured?
*what is your current
income and expected income for the near future?
*is now the best time for
you to file?
Click
here for Chapter 7 Bankruptcy information.
Click
here for Chapter 13 Bankruptcy information.
KICK & GILMAN, LLC
is a federally designated Debt Relief Agency under the United States
Bankruptcy Code.
Return to Kick & Gilman home page.
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