Either usually best suits the particular circumstances of the individual. The bankruptcy filing only person using one of the chapters. You can not have both chapters. So it's important to understand the difference between Chapter 7 and 13. Any qualified bankruptcy attorney and noted the differences between the two and how one or the other is best for what you are trying to achieve. All bankruptcy lawyers are trained in the two chapters and are trained to work with either a Chapter 7 or Chapter 13 filing.
For any of these chapters, a bankruptcy attorney is needed to help an individual file. All bankruptcy attorneys are knowledgeable in both chapters. He can assess your situation and recommend which of the two chapters that works best for your specific circumstances. In considering the possibility of filing for either Chapter 7 or Chapter 13, remember that you do not need to go to two different attorneys. The same lawyer can handle that you decide to file.
What can not be overemphasized, is not trying to decide whether Chapter 7 or Chapter 13 is appropriate for you without professional help. That would be a big mistake. It may even be the case that you think that bankruptcy is an answer for you and it is not. Either way you have to go over your individual circumstances with a bankruptcy attorney and you can tell what course of action to take, that work best for your needs. This is not an area for fans or yourself enthusiasts. It is serious and needs professional support.
{ 0 comments }
