What is Chapter 7 bankruptcy?
It’s the form of bankruptcy most of us think of when we consider the idea of seeking bankruptcy help. In the Chapter 7 bankruptcy timeline, all of one’s applicable debt is eliminated, and the filer never has to pay it back. This is the ideal solution for individuals who have incurred mountains of debt that’s impossible for them to manage.
If your debt is causing your head to spin, you’re likely considering whether or not a Chapter 7 bankruptcy is the right option for you to pursue. It does have several advanta