Which Type of Bankruptcy Is Right for You?
Everyone is eligible to file for bankruptcy. The only question is…do you need to file your case under Chapter 7 or Chapter 13 of the Bankruptcy Code?
If your income is at or below the median level in Arkansas, or if you are unable to repay your debts, you may qualify to file a Chapter 7 or Chapter 13 bankruptcy case. If your income is above the median level in Arkansas, and you are able to repay some or all of your debts, you may qualify to file a Chapter 13 bankruptcy case.
If you are having trouble paying your debts, give us a call to set up a FREE consultation. We will discuss your options and let you know how filing Chapter 7 or Chapter 13 bankruptcy can help you.
John M. Rainwater | Attorney