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Tucson Bankruptcy Attorneys
By Flute Academy | June 21, 2008
Are you trying to save your home from foreclosure? Are they looking to repossess your car or truck? A qualified Tucson bankruptcy lawyer can explain the various options that are available to you. If you are working, or have a consistent source of income, filing for Chapter 13 bankruptcy may be your best course of action. Debts that are generally consolidated in a Chapter 13 bankruptcy include mortgage arrears, balances on vehicle loans, student loans, credit card debts and other unsecured debts. All outstanding debts must be included in the Chapter 13 bankruptcy consolidation. You can also consolidate your student loans and other bills, and stop collection against you while you negotiate a reasonable repayment plan.Filing for chapter 7 bankruptcy is another option that can eliminate most kinds of unsecured debt. These debts can include credit cards, medical bills and personal loans. Chapter 7 allows you to typically keep your home, your car, and your personal belongings. So long as you are current on your car and mortgage payments, and there is no significant equity in your property, Tucson bankruptcy attorneys should have no trouble making the necessary arrangements to reaffirm your debt.
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