See A Bankruptcy Lawyer

Bankruptcy is a legal status of inability to pay creditors. It is separated by chapters. The chapter that one chooses to file defines whether he or she will have to pay money back to the creditors. A debtor can find out which chapter he or she should file by contacting a bankruptcy lawyer San Diego as soon as possible.

One chapter of bankruptcy that is very popular is a chapter 7. The reason chapter 7 is so popular is because of the low payments. Actually, there is no payments. If an individual qualifies for chapter 7 bankruptcy, he or she will no longer be held accountable for payments to his or her creditors.

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