Ready to Leave Debt Behind

Written by Channel 8 Cleveland on August 28th, 2013. Posted in Bankruptcy lawyers in michigan, Should i file for bankruptcy, When to file bankruptcy

Bankruptcy attorney michigan

History has not always been kind to debtors. In Ancient Rome, creditors could choose to sell their debtors into slavery or kill them. If America followed the same rules today, 43% of American families would be dead or enslaved for spending more than they earn in a year. Fortunately, that’s not the case. Filing chapter 7 bankruptcy or chapter 13 bankruptcy is now an option that enables debtors to discharge civil judgments, wage garnishments, and liens, essentially starting over with a clean slate. The process of filing chapter 7 bankruptcy isn’t easy, though. In this article, we’ll go over some of the finer points of filing chapter 7 bankruptcy.