In Chapter 7 bankruptcy cases you cannot stop foreclosures by curing mortgage arrears like you can in Chapter 13 cases.  You can also not cram down car loans, strip off wholly unsecured second and third mortgages, and pay off non dischargeable tax debts.  Chapter 13 offers more flexibility and options, which is one of its chief advantages over Chapter 7.  However, most of the time Chapter 7 bankruptcy is the perfect remedy to the financial problems that you just can’t fix any other way.

For a FREE consultation regarding which type of bankruptcy is best for you (Chapter 7 bankruptcy or Chapter 13 bankruptcy) fill out the Free Evaluation form below or call (508) 655-6085 today.

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