Bankruptcy & Debt

Choose a legal path faster. Compare documents, providers, and legal-service options for bankruptcy & debt.

General information only. Not a law firm. No legal advice.

Compare Chapter 7 (liquidation), Chapter 13 (repayment), and Chapter 11 for businesses. Means test, exemptions, and discharge rules vary by state.

Chapter 7 wipes most unsecured debt in 3–6 months if you pass the means test. Some assets are protected, others are not.

Chapter 13 lets you keep assets and repay debt over 3–5 years. Useful for stopping foreclosure, catching up arrears, and managing tax debt.

IRS and state tax debt can be reduced via Offer in Compromise, installment agreements, currently-not-collectible status, or innocent-spouse relief.

Settling debt outside bankruptcy can reduce balances but has tax and credit implications. A lawyer can negotiate while protecting your record.

Foreclosure defenses include loan-mod errors, dual-tracking, RESPA violations, and Chapter 13 reinstatement plans.