That relies on the kind of bankruptcy you qualify for. That has a Chapter 7 bankruptcy, your assets will likely be bought (other than Maybe your property and motor vehicle), and also your creditors might be paid off With all the proceeds.
Or, in the event you're using out a mortgage t
Every personal's money situation is exclusive, so It can be prudent to consult by using a proficient legal professional who makes a speciality of bankruptcy regulation. They are able to information you thru the procedure and assist determine which particular debts are qualified for disch
Immediately after creditors receive the proceeds from nonexempt asset revenue, debts are discharged. This method may take a number of months, during which creditors have to stop striving to collect.
This information is provided for you and to a bankruptcy lawyer who contacts you to answer
I am a consumer bankruptcy legal professional located in Alexandria, VA and I serve the needs of Those people in Alexandria, Virginia along with the bordering area. I am a solo practitioner which means that I will personally take care of your case from start off to finish.
A debt adm
Ben Carafiol dedicates his follow to creating a big difference in someone's daily life. He has represented customers in the course of Northern Virginia for your previous twelve years. Former purchasers as well as other attorneys alike remark on his continual counsel and expansive understandi