Gaining Control Of Your Finances Through Bankruptcy
Many Americans are facing financial hardship during the current economic depression. With limited funds available and the utility cut off date approaching, life can be stressful. If you are struggling to make ends meet, you may want to consider meeting with a bankruptcy lawyer. They can give you more information on the types of bankruptcy that are available, how bankruptcy may help your situation, and which option may be best for you.

Chapter 7
By filing for Chapter 7 bankruptcy, you can displace most of your debt obligations and get a fresh start on your finances.

*After meeting with a bankruptcy lawyer, you will create a list of creditors, assets, income, and other financial obligations.
*You will have a chance to reaffirm any assets that you wish to keep, such as your car or house.
*A mandatory creditors meeting is arranged where you will meet face-to-face with any creditors you may have.
*The bankruptcy trustee will listen to the creditors, and determine whether or not your case is approved.

Chapter 13
In a Chapter 13 bankruptcy case, you are able to arrange a payment plan to repay your debts to the creditors.

*This 3 to 5 year plan allows you to keep your property as you make payments.
*You reputable bankruptcy lawyer will calculate your disposable income, and create a list of creditors to repay.

While the utility cut off date is approaching, it isn’t the end of the world. Help is in sight. You can regain control of your finances by contacting an experienced bankruptcy attorney.