Deciding Between a Ch 7 or 13? San Diego BK Lawyer Explains

http://www.SOUTHBAYBANKRUPTCY.COM When deciding to pursue a Chapter 7 or Chapter 13, you need to know the differences between the two programs. Watch this video as San Diego bankruptcy lawyer Kerry Denton explains the differences between Chapter 7 and Chapter 13.

Chapter 13 is more involved than a Chapter 7 bankruptcy. Although a Chapter 7 allows you to get rid of your unsecured debt and medical bills, a Chapter 13 gives you even more options.  With a Chapter 13 bankruptcy, you can change the terms of a vehicle payment by paying fair market value for your car, which is called a "cram down". In addition, a Chapter 13 will allow you to eliminate your second mortgage through a lien stripping process and spread out your past due amounts on your first mortgage over five years.  A Chapter 13 is more involved, but it can do a lot more for you.

Find out if a Chapter 13 or Chapter 7 is better for your situation by calling a qualified Chula Vista bankruptcy lawyer at the Law Offices of Kerry Denton today at 888-478-0168. We will provide you with a free consultation and answer your questions so that you know which BK program may be better for you. Take a look at our website http://www.SOUTHBAYBANKRUPTCY.COM to learn more.