WILL I LOSE MY HOME?
Probably not; it depends on how much your house is worth, the balance on your mortgage and how far behind you are. In fact if you are behind on your mortgage payments, a Chapter 13 plan can prevent foreclosure and help you keep your home.
WILL I LOSE MY BELONGINGS?
Probably not, very few debtors have their personal belongings sold because of state law exemptions and protections.
DO I HAVE TO LIST
Yes, the law requires that you list all of your debts. It would not be fair to your creditors to leave one off.
SHOULD BANKRUPTCY BE MY LAST RESORT?
No. Bankruptcy is a financial tool to help you get a fresh start. If you can’t pay off all of your debt in the next 3 years, except your mortgage, while maintaining a minimally comfortable standard of living, you should, at least, consider bankruptcy.
CAN BANKRUPTCY ERASE ALL DEBTS?
Bankruptcy cannot erase some debts like alimony, child support, most student loans and some taxes.
Call us toll free at 877-253-7705 to schedule your free consultation and evaluation.
Matthews & Megna, LLC
Attorneys and Counselors at Law
112 Oak Street 3400 West Avenue
843-662-9699 803-799-1700
Toll Free 877-253-7705
We are a debt relief agency. We help people find relief under the U.S. Bankruptcy Code.
