The New Bankruptcy: Will It Work for You?

Cara O'Neill

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Book cover for The New Bankruptcy: Will It Work for You?
Book cover for The New Bankruptcy: Will It Work for You?

The New Bankruptcy: Will It Work for You?

The New Bankruptcy: Will It Work for You?

Cara O'Neill

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Description

Not sure where to start? Let's find the right bankruptcy option for you.

You know bankruptcy will help you get back on your financial feet. But which chapter type is best? The New Bankruptcy explains the benefits of Chapter 7 and Chapter 13 bankruptcy so you can make an informed choice that addresses your financial needs. For instance, you'll learn that Chapter 7 will:

- wipe out credit card balances, utility bills, medical debt, and more

- protect property you need to work and live, and

- take about four to six months to complete.

Chapter 13 bankruptcy works by keeping creditors at bay while you:

- catch up on a house or car payment

- pay off an overdue tax or support balance, and

- pay less on other debt, such as credit cards and student loans.

Critical Reviews

"Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details." Eric Tyson, Author of Personal Finance For Dummies

"It's important to know whether [bankruptcy] remains a viable option, and this book will offer both explanations and reassurances" Accounting Today

"When it comes to self-help legal stuff, nobody does a better job than Nolo." USA TODAY

Publishing Information

Publisher: NOLO
Pub date: 2023-12-26
Length: 272 pages

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