A Bankruptcy Lawyer in Tampa Discusses Why Chapter 7 Bankruptcy Might be Better Than Chapter 13
If you have consulted a bankruptcy lawyer in Tampa and determined that your financial problems – like late payments, possible foreclosure, and insurmountable debt – have left you no other recourse but bankruptcy, the next step is determining which chapter of bankruptcy suits your needs. The two most common choices for consumers are Chapter 7 and Chapter 13. Most filers go with Chapter 7, but what advantages does this chapter provide you?
As your bankruptcy lawyer in Tampa will tell you, Chapter 7 bankruptcy is also known as liquidation bankruptcy and is a very popular choice for a number of reasons. For example:
These are just a handful of the reasons why a Chapter 7 bankruptcy might be preferable to Chapter 13. If you'd like more information about both chapters, and why one might be more suitable for your situation than the other, contact a bankruptcy lawyer in Tampa from Yesner & Boss, P.L. today to set up a free consultation. We'll take the time to get to know you and your financial situation, so that we can then guide you through the best possible course of action – even potentially a solution that might allow you to avoid bankruptcy altogether. Contact us today to find out more.
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