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Read this infographic to learn about Seattle Bankruptcy Lawyers or visit https://nwdrlf.com/ for more details.
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WHAT IS BANKRUPTCY? Bankruptcy is a legal term in which a judge and court trustee examine the assets and liabilities of people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. Uses of Bankruptcy Bankruptcy offers an individual or business a chance to start fresh by forgiving debts that simply cannot be paid while offering creditors a chance to obtain some measure of repayment based on the individual's or business's assets available for liquidation. Types of Bankruptcy Filings Chapter 7 - which involves liquidation of assets Chapter 11 - which deals with company or individual reorganizations Chapter 13 - which is debt repayment with lowered debt covenants or payment plans Address: 14900 Interurban Ave S #271, Seattle, WA 98168, USA Contact Us 206-258-6225 www.nwdrlf.com