Filing For a Circleville Bankruptcy
The burden of a Circleville bankruptcy can make financial independence seem insurmountable, but bankruptcy law is designed to help you. If you are filing for a Circleville bankruptcy, Michael Warren can help you decide between the standard Chapter 7 and Chapter 13 areas of bankruptcy. Chapter 7 allows the debtor to get rid of most debts, such as credit card bills and health care charges. A Chapter 7 is streamlined, procedurally simple, and the least costly. If a debtor makes too much money to qualify for Chapter 7, there’s the option of Chapter 13 in which the debtor under court supervision and protection carries out a repayment plan. The standard length of time is three to five years under Chapter 13.