Filing for consumer bankruptcy under any circumstances is a complicated task. To be sure, the U.S. Bankruptcy Code is extremely complicated, and both Chapter 7 and Chapter 13 bankruptcy cases require significant documentation and specific filing requirements. Accordingly, even in the best circumstances, it is critical to have an experienced Ohio consumer bankruptcy lawyer on …
Chapter 7 or Chapter 13 Bankruptcy?
There are many different kinds of bankruptcy, each with a different purpose: Chapter 11 for individuals or corporations with high debt, Chapter 12 for family farmers and fishermen, Chapter 9 for municipalities, and so forth. However, for most people, the choice when considering bankruptcy is whether to choose a Chapter 7 or a Chapter 13. …