If you are a disabled veteran whose debt was incurred during a period of activity duty or homeland defense activity, you may be exempt from the means test.
The main difference between Chapter 7 and 13 is that Chapter 7 bankruptcy does not require payments and Chapter 13 bankruptcy involves a repayment plan.
Bankruptcy in San Diego can help you get out of debt and get a fresh start by getting rid of your debts in a Chapter 7 or Chapter 13 case.
In determining which type of bankruptcy is right to file, consumers should consult with a San Diego debt relief attorney regarding their options.
Qualifying for Chapter 7 bankruptcy requires meeting certain income requirements, as well as making sure that each of your assets is covered by an exemption.
There are 5 key benefits to a Chapter 7 filing that can be successfully obtained when a skilled San Diego bankruptcy attorney files your case.
To determine if you should file for Chapter 7 bankruptcy in San Diego, talk to a San Diego bankruptcy lawyer about the benefits and protections of Chapter 7.
As a high income earner, you can make too much money to be able to file bankruptcy under Chapter 7 and eliminate all of your debts.
When you file under Chapter 7, you usually make a single appearance before a trustee, not a judge, and you might make 2 or 3 appearances in a Chapter 13 case.
When filing a Chapter 7 credit card bankruptcy in San Diego to eliminate your credit card debt, be sure to give your lawyer a list of all of your accounts.