Chapter 7 Bankruptcy

Bankruptcy allows consumers to eliminate or manage repayment of their debts (with certain exceptions) through the federal bankruptcy court. If you have debt, such as credit card or medical bills, cannot make ends meet, and have exhausted all other options, bankruptcy may be the option for you to get a fresh new start. 

There are important considerations that come with filing for bankruptcy, such as the inability to file another bankruptcy for eight years and its appearance on your credit report for the next ten years. There may also be other alternatives available before moving for bankruptcy. If you are considering bankruptcy, contact Bracho Law to see if this is the right solution for you.