Filing for bankruptcy either chapter 7 or chapter 13 provides you with an automatic stay that prohibits your creditors from taking action to collect the debt without the approval of the court.

So, you think you want to file for bankruptcy? When considering this alternative, you should be prepared to

• Deal with attorneys.
• Be questioned by creditors.
• Expose your financial lifestyle to the public.

  What is Bankruptcy?

Know more about bankruptcy.

 Advantages and Disadvantages of Bankruptcy

Know the PROS and CONS of filing bankruptcy.