Pros And Cons Of Chapter 7 Bankruptcy

Filing for bankruptcy under chapter 7 is an effective way of eliminating debt that is unsecured. It provides consumer debt relief in as little as 4 to 6 months, without having to make any further payment to your creditors. New 2005 Bankruptcy Code Despite the fact that the bankruptcy law was changed in 2005, this isn't necessarily an obstacle to proceeding. With in excess of one million people filing chapter 7 each year, it's clear that those who need to file chapter 7 still can. You need to gather Read more [...]