Frequently Asked Questions

What kind of bankruptcy protection is available?

There are four primary types of bankruptcies. Generally, Chapter 7 bankruptcies are liquidations and are available to both individuals and businesses; Chapter 13 bankruptcies are limited to individuals who have a regular source of income that will fund a Plan to repay creditors; Chapter 11 bankruptcies are generally utilized by businesses, but can also be filed by individuals. Chapter 12 is limited to family farmers. Our attorneys can help you decide what type of bankruptcy filing provides your business or you the best relief from creditors.

More FAQs:

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Can I file for bankruptcy protection if I own a business? [Answer]

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Chapter 13 Summary [Answer]

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How can I get more information? [Answer]

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Does the "new" bankruptcy legislation mean that people can no longer file a Chapter 7 Bankruptcy? [Answer]

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Will I still owe taxes after filing bankruptcy? [Answer]

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If I file bankruptcy, can I keep my house or my car? [Answer]

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Can I file bankruptcy with my spouse? [Answer]

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Can a bankruptcy filing stop creditors from suing me or calling on the telephone? [Answer]

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Who can file for bankruptcy protection? [Answer]

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Chapter 7 Summary [Answer]

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Legal Disclaimer
The information provided on this site is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. By accessing the information on this site, no attorney-client relationship is created.