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Speaking with a bankruptcy lawyer near you can be the best way to get information about how filing bankruptcy can affect your debt and your future. Because Total Attorneys works with a nationwide network of sponsoring bankruptcy lawyers, we are able to provide you with answers from some of our sponsoring lawyers to some of the most common bankruptcy questions.
Keep in mind, however, that each bankruptcy case is different. To get more thorough answers to all of your questions, speak with a bankruptcy lawyer near you. If you would like a free case review with a local bankruptcy lawyer, click the button on this page and we'll help you connect with an attorney nearby.
To get answers to common bankruptcy questions click the questions below and see what some of our sponsoring bankruptcy attorneys had to say.
"Depends on what the issues is, what the debt is, depends on a variety of factors. If it’s credit card debt you can’t afford to pay them back you could do a chapter 7. If you could consolidate to save a house save a car, you could do a Chapter 13." - John Carlin, Chicago, Ill.
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"Filing a petition for bankruptcy will afford you an opportunity to stop the immediate action of foreclosure if one is pending in a state court. Bankruptcy will allow the debtor and their counsel time to work through the issues presented in foreclosure and the opportunity to develop a payment plan." - Robert Bruner, Tallahassee, Fla.
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"You may file bankruptcy and retain certain assets. A commonly retained asset is the family car. In many cases the debtor continues to make the payments on the automobile. In other cases, the debtor is allowed the opportunity to recover the car from the Chapter 7 Trustee by means of a payment plan." - Robert Bruner, Tallahassee, Fla.
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"Yes, you should within about two years. You should be able to restore your credit score to the same level or higher." - John Carlin, Chicago, Ill.
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"The purpose of bankruptcy is to allow individuals to create a fresh start in their businesses and financial affairs." - Robert Bruner, Tallahassee, Fla.
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The content found on this Q&A page is not legal advice and is purely for informational purposes. Total Bankruptcy, Inc. does not guarantee the accuracy, integrity or quality of submissions. The answers provided on this page may not represent the opinions of the site editor(s), Total Bankruptcy, Inc. or its affiliates.
PAID ATTORNEY ADVERTISEMENT: THIS WEB SITE IS A GROUP ADVERTISEMENT AND THE PARTICIPATING ATTORNEYS ARE INCLUDED BECAUSE THEY PAY AN ADVERTISING FEE. It is not a lawyer referral service or prepaid legal services plan. Total Bankruptcy is not a law firm. Total Bankruptcy does not endorse or recommend any lawyer or law firm who participates in the network. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any participating lawyer. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers. The information contained herein is not legal advice. Any information you submit to Total Bankruptcy may not be protected by attorney-client privilege. All photos are of models and do not depict clients. All case evaluations are performed by participating attorneys. An attorney responsible for the content of this Site is Kevin W. Chern, Esq., licensed in Illinois with offices at 25 East Washington, Suite 510, Chicago, Illinois 60602. To see the attorney in your area who is responsible for this advertisement, please click here, or call 866-200-8052.
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