Category: Blog

June 5, 2022

Do You Need a Bankruptcy Lawyer and What to Expect

In life’s unpredictable financial roller coaster, there are times when individuals or businesses find themselves grappling with unmanageable debts. Bankruptcy emerges as a beacon of hope, a federal procedure that offers relief to those drowning in financial obligations. The bankruptcy process, depending on the chapter chosen, either allows for the liquidation of assets to clear debts (under Chapter 7) or sets forth a structured repayment plan (under Chapter 13 for individuals). But with this option…