Why Chapter 13

If you’ve ever wondered, “Why file Chapter 13 bankruptcy?” This post might help. Before we can answer that question, however, we will need to learn more about what Chapter 13 Bankruptcy is and what it entails.

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Why does bankruptcy happen?  Bankruptcy occurs when you are insolvent and can’t afford to pay off your debts. It is also the process of seeking legal advice from an attorney and from getting legal relief from your debts, and protection from your creditors. It can be the result of a lot of credit card debt,…

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