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Bankruptcy can seem very intimidating to most people, and the average person has a number of misconceptions about the bankruptcy process. Here are the top 3 misconceptions that we hear from clients:
Right now, with recent events, money is tighter than ever. While bankruptcy often is not a first choice, it is a great option when one is needed. Below is a list of pros and cons for both Chapters 7 and 13.
If you receive Social Security benefits (SS), or Social Security Disability Insurance benefits (SSDI), you can’t afford to pay all of your bills, and you are contemplating bankruptcy, you need to be aware of how these benefits are treated in bankruptcy.
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