Filing for bankruptcy is never an easy choice.
But sometimes, it can feel like the only way to escape the vice grip of debt and move on with life.
Most personal bankruptcy filers will turn to a Chapter 7 bankruptcy, which offers almost total debt forgiveness and a quick discharge time.
But before you can get a fresh start from a Chapter 7 bankruptcy, you should know the basics — and what to expect from the bankruptcy process.
What Is Chapter 7 Bankruptcy?
In researching your options, you’ll find there are two common types of bankruptcy for individuals and