WHAT CAN A BANKRUPTCY DO FOR ME?
Filing a Chapter 7 bankruptcy may make it possible for you to:
- Eliminate the legal obligation to pay most or all of your debts. This is called a "discharge" of debts. It is designed to give you a fresh financial start.
- Stop wage garnishments, debt collection harassment, and similar credit actions to collect a debt.
- Allow you to challenge the claims of creditors who have committed fraud or who are otherwise trying to collect more than you really owe.
Filing a Chapter 13 Bankruptcy may make it possible for you to: