Bankruptcy attorney in rancho

IS IT SURE THAT – CHAPTER 7 BANKRUPTCY RANCHO IS BETTER THAN CHAPTER 13?

When unsecured debt becomes unmanageable, Chapter 7 bankruptcy is often the only viable alternative. When a person only pays the minimum on a huge credit card bill, the principal will take years to pay off. The problem becomes intractable if the person loses their employment or accumulates large medical expenditures. The debtor is left with …

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Bankruptcy Under Chapter 7 Rancho: The Process

An appointed trustee oversees your Chapter 7 bankruptcy case, and one of the trustee’s responsibilities is to take control of your assets, sell them, and then distribute the proceeds to your creditors. To be paid, a creditor must submit a claim that is accurate and complete. In any case, your trustee is limited in what …

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