Declaring personal bankruptcy is one of the biggest decisions you may ever make in your personal financial life, so it makes sense to consider all of the issues and factors that you’ll be facing if you decide to move forward. Here are some things to think about before you make a final determination:
Chapter 7 or Chapter 13? Depending on your personal situation, level of debt, income and other factors, you may only qualify for one type of bankruptcy. Chapter 7 is for people with few assets, and little income. It will wipe out many of your debts in 3
