Probate
Coming soon...
Chapter 7 Bankruptcy
In a bankruptcy case under chapter 7,
you file a petition asking the court to
discharge your debts. The basic idea in
a chapter 7 bankruptcy is to wipe out
(discharge) your debts in exchange for
your giving up property, except for
“exempt” property which the law allows...
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Chapter 13 Bankruptcy
In a chapter 13 case you file a “plan”
showing how you will pay off some of
your past-due and current debts over
three to five years. The most important
thing about a chapter 13 case is that
it will allow you to keep valuable
property--especially your home and
car--which might otherwise be lost...