- Iling bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual,
by spouses together, or by a corporation or other entity. - All bankruptcy cases are handled in federal courts under rules outlined in the U.S. Bankruptcy Code.
- There are different types of bankruptcies, which are usually referred to by their chapter in the U.S. Bankruptcy Code.
- Individuals may file Chapter 7 or Chapter 13 bankruptcy, depending on the specifics of their situation.
Seeking the advice of a qualified lawyer is strongly recommended because bankruptcy has long-term financial and legal consequences. Call your hispanic attorney Fanny Nater of Nater Law Firm at 407-688-8896
