Should I File Chapter 7 or Chapter 13 Bankruptcy?

To be clear, the question is not just which type of bankruptcy is appropriate to your situation. It’s whether bankruptcy is the right move for you – period.

It’s a complicated process, and you should consider speaking to a credit counselor to determine if there’s another way to deal with your debt. Nonprofit consumer credit counseling organizations receive more favorable terms from creditors, and a debt management plan, debt consolidation loan, or debt settlement could be a better solution. You can review your options for free by speaking to a credit counselor.

If bankruptcy is your best course of action, InCharge offers bankruptcy court-approved bankruptcy education courses through PersonalFinanceEducation.com.

Trusted Bankruptcy Experts