Helping You Choose Between Chapter 7 And 13

If you're considering filing for bankruptcy, or you simply want to learn more about your options when it comes to debt relief, you may wonder what the difference is between the bankruptcy chapters. Why do some people file for Chapter 7 and some for Chapter 13? Which is best in your situation?

At The Bruntz Law Firm, LLC, we assist individuals and families in Parker, Broomfield and the surrounding areas of Colorado. Our experienced bankruptcy lawyer, Damon Bruntz, is here to advise you about the best course of action to take in order to find a fresh start. Every person's situation is unique, and choosing between Chapter 7 and 13 will depend on your specific financial circumstances. However, here are a few general questions to ask:

  • Are you concerned about time and cost? Chapter 7 is typically the quicker and less-expensive route to take.
  • Which chapter do you qualify for? To have the option of filing for Chapter 7, you must pass a means test. If your income and assets are too great to qualify for Chapter 7, you can choose Chapter 13 instead.
  • Did you file bankruptcy recently? If you filed for Chapter 7 bankruptcy less than eight years ago, you won't be eligible to do it again. However, you can still pursue a Chapter 13.
  • Do you want to save your house? Chapter 13 is often a good choice for those who need to cure an arrearage and save their homes from foreclosure.
  • Are you worried about wage garnishment? Both chapters can immediately stop wage garnishment and creditor harassment.

Learn More In A Free Consultation

To speak with our Douglas County bankruptcy attorney about your options, schedule a free initial consultation today. Simply call The Bruntz Law Firm, LLC, at 720-837-2960 or send us an email. We offer evening and weekend appointments by request.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.