If you’re thinking about filing for bankruptcy, keep in mind the following facts:
- Chapter 7 is debt liquidation, while Chapter 13 is debt reorganization
- If you’ve filed for bankruptcy for, it’s best to remember that certain waiting periods exist
- It IS possible to save your home from foreclosure and avoid having your car repossessed
- Debt will not just go away
- You will have the opportunity to improve your credit score and obtain credit
Need a NY bankruptcy attorney? Get in touch with Michael Kanzer & Associates by visiting www.KanzerLaw.com.
