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====Chapter 13====

====Chapter 13====

Out of the two types of bankruptcies [http://www.redeemeddebtsolutions.com/types-of-bankruptcy.htm Chapter 13] is the worst, not only will you still owe on the debt but the fact you filed will follow you the rest of your life. If you want to file Chapter 7 and the judge deems it necessary and sees that you can have the means to repay your debt he can enroll you into a chapter 13. With a Chapter 13 you will be placed on a repayment program to pay back your debt in full and can have your wages garnished if you are unable to make the payments. Not only will the fact of filing bankruptcy stay on your credit for 7-10 years and will follow you the rest of your life you will have to pay back the entire amount owed. This by far is the worst form of bankruptcy. More likely than not a lien will be placed upon your home and you can actually also end up losing your home to cover your debts. So in conclusion, if you have a debt relief option you should take it over filing bankruptcy as said before it should be your last option. Why not find out all your other possible options and then make a decision that would be the best for your family so you can become debt free and on the road to financial freedom.<br>

Out of the two types of bankruptcies Chapter 13 is the worst, not only will you still owe on the debt but the fact you filed will follow you the rest of your life. If you want to file Chapter 7 and the judge deems it necessary and sees that you can have the means to repay your debt he can enroll you into a chapter 13. With a Chapter 13 you will be placed on a repayment program to pay back your debt in full and can have your wages garnished if you are unable to make the payments. Not only will the fact of filing bankruptcy stay on your credit for 7-10 years and will follow you the rest of your life you will have to pay back the entire amount owed. This by far is the worst form of bankruptcy. More likely than not a lien will be placed upon your home and you can actually also end up losing your home to cover your debts. So in conclusion, if you have a debt relief option you should take it over filing bankruptcy as said before it should be your last option. Why not find out all your other possible options and then make a decision that would be the best for your family so you can become debt free and on the road to financial freedom.<br>

[http://www.redeemeddebtsolutions.com/index.html VISIT OUR SITE!]

[http://www.redeemeddebtsolutions.com/index.html VISIT OUR SITE!]