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How Do I Know Whether Bankruptcy is Right for me?

On Behalf of | Jan 13, 2011 | Chapter 128, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Settlement |

Filing for bankruptcy is a serious undertaking. Filing your paperwork the right way requires a lot of time and knowledge of the law. Those who do not file as the law requires risk having their case dismissed.

It is almost always better to hire an attorney who specializes in bankruptcy, like the attorneys at Miller and Miller, who can guide you through the bankruptcy process.

While there is no minimum amount of debt required to file for bankruptcy, the amount should be beyond your ability to pay in the foreseeable future.

The type of bankruptcy that is best for you depends on a number of factors, including your household income and the type of property that you own. Also, filing for bankruptcy is not always the right course of action for everyone having financial difficulties, so it is important that you understand what your needs and goals are, and then you can decide whether bankruptcy is right for you.

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