The decision to file Bankruptcy is a tough decision and one that should not be taken lightly, it will affect your credit for ten (10) years. People file bankruptcy for many different reasons, and some people have a moral aversion about bankruptcy; however, this federal law was enacted to protect the debtor and to assist when there are financial

hardships that cannot be overcome alone. You need to know what assets you could potentially lose and what chapter you can file to protect your assets. Bankruptcy can help you save your home from foreclosure, stop a garnishment and it puts an end to those annoying debt collector phone calls (these are just some examples). Sometimes your income is a factor, and other times it is not depending up what type of bankruptcy you need to file.

Here at Schwam-Wilcox & Associates the attorney’s will collect all of the relevant information from you and explain your different options so you can select which chapter, if any, are best for you and your family. Our bankruptcy consultations are complimentary and you will learn the information you need to make an educated choice on what chapter you would like to file, if at all. For more information about bankruptcy contact our office today.