Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Filing for Bankruptcy and other Legal Forms topics.
There are a couple of options when it comes to filing for bankruptcy. The types of bankruptcy include of course personal bankruptcy and corporate bankruptcy. Within the those categories are Chapter 7 bankruptcy and Chapter 13 bankruptcy. Be sure, when contemplating the filing of bankruptcy, that you consider the consequences of each and which type best alleviates the debt structure and obligation while preserving as many of your assets as possible.
|Sheri Ann Richerson|