By Sarah O'Brien

For people facing crushing debt, the weight of carrying it can seem unbearable. As bills go unpaid and debt collectors start calling, one nagging question might loom large: Would bankruptcy fix this?

Depending on the type of debt you face and the rest of your financial picture, the answer could be yes.

While most consumers in Tacoma call our offices in the hopes of filing Chapter 7 bankruptcy, many of them are surprised to find out that under some circumstances Chapter 13 Bankruptcy in Washington will save them a whole lot more money. Why is that?
 
Chapter 7 is thought of as a quick opportunity for a fresh start. This is usually true, well, at least with respect to your unsecured creditors. Chapter 13 bankruptcy, on the other hand,  is thought of as a repayment plan where you pay everyone back. This is rarely true.
 

While most consumers in Tacoma call our offices in the hopes of filing Chapter 7 bankruptcy, many of them are surprised to find out that under some circumstances Chapter 13 Bankruptcy in Washington will save them a whole lot more money. Why is that?
 
Chapter 7 is thought of as a quick opportunity for a fresh start. This is usually true, well, at least with respect to your unsecured creditors. Chapter 13 bankruptcy, on the other hand,  is thought of as a repayment plan where you pay everyone back. This is rarely true.
 

Bankruptcy may make sense if you are unable to repay debts as you cover obligations such as retirement, food and shelter. With so many websites offering free financial tools, it can be hard to know whom to trust. At Northwest Debt Relief Law Firm, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best Bankruptcy Lawyer.
Bankruptcy stops collection calls, lawsuits and wage garnishments. It erases debt. And despite what you’ve heard, bankruptcy may help your credit scores.

Bankruptcy may make sense if you are unable to repay debts as you cover obligations such as retirement, food and shelter. With so many websites offering free financial tools, it can be hard to know whom to trust. At Northwest Debt Relief Law Firm, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best Bankruptcy Lawyer.
Bankruptcy stops collection calls, lawsuits and wage garnishments. It erases debt. And despite what you’ve heard, bankruptcy may help your credit scores.

Arizona adopted a chapter 13 model plan – effective for all cases filed or converted after December 1, 2017

By David Lumb

By Danielle Furfaro and Rich CalderMayor Bill de Blasio said Friday he is once again willing to consider a cap on for-hire vehicles such as Uber — three years after wimping out on the move.

There are many reasons why people file for bankruptcy and below are the common mistakes to avoid when filing for Bankruptcy in Washington. From credit card debt, to loss of income, to a divorce—bankruptcy is an effective, legal way to help you get back on your feet financially. When it comes time to file for bankruptcy in Washington State, there are a few things you need to keep in mind to prevent unnecessary complications.