Everybody seems to have the most reliable financial advice, but who can you really trust with your financial well-being?  When you’re on the lookout for some help with debt relief, there are a lot paths to consider. An experienced debt relief attorney knows that there are other options for you to choose from, including personal bankruptcy. These days, bankruptcy is not a one way pass to the poor house, but it’s a way to get a handle on your debts and start fresh with financial freedom. So if you’re fed up with constant calls from creditors and other frustrations, it’s time to see how a skilled debt relief attorney may be able to help relieve your financial woes through personal bankruptcy.

What is Debt Relief?

Debt relief comes in many forms, but one of the most popular and effective is through bankruptcy. Some of the most common types include:

  • Chapter 13
  • Chapter 7
  • Chapter 11
  • Chapter 12

If you’re able to pay back some of your debts but not the full amount you owe, then it’s time to consider Chapter 13 bankruptcy. This type of bankruptcy involves a restructuring of your debts. This process involves working with a court-appointed trustee that oversees redistribution of your debts. It’s important to have the right bankruptcy protection from a debt relief lawyer you can trust.

Are there other Kinds of Debt Relief?

For those that have trouble repaying any of their unsecured debts, Chapter 7 bankruptcy could be a more viable path to take. This type of bankruptcy involves removal of many debts for exposure to nonexempt assets. Again, a court-appointed trustee oversees many of the aspects of your case. The trustee can determine which assets are sold for removal of debts, and they can influence which debts are erased. It’s absolutely vital to have someone advocating for your rights and best interests during this process to ensure you receive a beneficial outcome. A team of skilled attorneys can offer comprehensive Chapter 7 bankruptcy protection for anyone who needs it!