Chapter 7 (Liquidation): This involves selling non-exempt assets to repay creditors, with remaining debts typically discharged. It’s ideal for individuals with minimal assets and significant unsecured debt.
Chapter 11 (Reorganization): Often used by businesses, Chapter 11 allows restructuring of debts while continuing operations. It’s also available for individuals with substantial assets and complex finances.
Chapter 13 (Repayment Plan): For individuals with steady income, this allows debt repayment over three to five years, protecting assets like homes or cars.
Case Evaluation: Determining the most appropriate type of bankruptcy for your situation.
Filing & Documentation: Preparing and filing all necessary legal documents to initiate your case.
Debt Negotiation: Working with creditors to secure favorable terms or settlements.
Court Representation: Representing you in bankruptcy hearings and proceedings.
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