The Pros And Cons Of Filing For Chapter 13 Bankruptcy


Chapter 13 bankruptcy law offers petitioners an opportunity to restructure the debts they owe. This means that you might be able to convert something like $100,000 worth of debt into an $80,000 payment plan that you will have three to five years to finish. Pursuing a Chapter 13 bankruptcy, however, isn't a perfect choice for everyone. Before you make this decision, it's wise to learn about some of the pros and cons.

30 July 2020