Why continue to suffer under the weight of insurmountable financial debt when you could seek financial relief by filing for bankruptcy? The process of filing for bankruptcy can be confusing, but the benefits are likely well worth your efforts. Call today to speak with a bankruptcy attorney in Bremerton, WA, and schedule your free initial consultation.
Chapter 7 bankruptcy involves the liquidation of your assets in order to repay creditors a significant portion of your debt. This is the most common type of personal bankruptcy and is typically the fastest and most effective way to seek debt relief.
Chapter 13 bankruptcy allows you to keep most of your assets. By restructuring your debt and developing a payment plan that shows intent to repay a large portion or the entirety of your debt, you can keep assets such as your home and vehicles while minimizing the effect bankruptcy has on your credit report.