Many people are not aware that bankruptcy relief comes in different shapes and sizes.
Most know about Chapter 7 bankruptcy: You know, the one where you just “get rid of all your debts” without having to pay anything.
Chapter 7 these days has a lot of eligibility requirements, and not everyone qualifies.
And, sometimes, those that do qualify would be better served by filing a different bankruptcy chapter.
See my review of the different bankruptcy chapters.
But there are repayment options available in bankruptcy which […]