Chapter 7 bankruptcy often seems like the best choice for individuals who have a lot of personal debt. It is faster and does not require that someone make payments for years before a filer’s case can be favorably resolved. Chapter 13 bankruptcy takes longer for...
Month: February 2023
How a debt spiral draws you in
People who are considering bankruptcy have sometimes found themselves in a debt spiral. They never intended to be here, but it seems like their situation is just continuing to get worse. They are still trying to make their payments on time and to make wise financial...