What Bankruptcy Chapter is Best for You?

At Sunshine State Bankruptcy we know that you need to immediately stop the unrelenting creditors who are hounding you day in and day out. You need relief from the debts that are overwhelming you and your family. But many people are confused about what bankruptcy chapter might be best for you.

A Chapter 7 bankruptcy is known as a straight liquidation bankruptcy. That often confuses consumers. They think that they have to sell everything and get rid of all their assets including their homes and cars. That’s a myth! What Bankruptcy Chapter Is Best For YouLiquidation in Chapter 7 means that bankruptcy liquidates or wipes out all the debts in your history. On the other hand, Chapter 13 bankruptcy is known as an individual organization or an individual debt adjustment. It creates a three to five year plan where you make the payment on your debt to your court appointed trustee. The trustee collects the money that you agree to pay and gives a percentage of the money to your creditors. Here’s the secret that they do not want you to know- you do not have to pay all your creditors back and the one’s that you do pay back only receive a small percentage of what you owe them.

Selecting the most beneficial chapter requires a careful examination and analysis of your personal circumstances. At Sunshine State Bankruptcy we genuinely understand the importance of each financial detail and create a personalized bankruptcy plan that is right for you.

We are also not afraid to tell you that bankruptcy relief may not available at all to you or your family. So much is at stake- your future, your property, your business, your financials, you owe it to yourself to contact Sunshine State Bankruptcy for a complimentary, no obligation confidential consultation.

During this consultation you can learn how bankruptcy can help you or your family:

• Put a stop to creditor harassment.
• Put a stop to repossession.
• Put a stop to home foreclosure.
• Put a stop to court judgments against you.

You owe it to yourself to remain the peace of mind that you deserve. At Sunshine State Bankruptcy we take immediate to “pause” that sense of urgency and panic that you are experiencing. We will take over communications with your creditors, tackle the issue of whether Chapter 7 or 13 is right for you and get your personal bankruptcy petition plan designed and filed.

Better yet, we offer a free consultation and affordable rates. We explain the fees and costs involved. There are no hidden or surprise fees. We offer reasonable payment plans as part of our pre bankruptcy planning service. We will match the right chapter to your unique situation.

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