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what is chapter 7 bankruptcy and how is it different from the others?

By Aaron On January 9, 2009 Under Bankruptcy
delsey2007 asked:


Look, I just have about 800 dollars in debt. I don’t know what to do, I have no job, and I don’t know which chapter bankruptcy would be the best method to go with?

Real Estate Investment

2 Comments Add yours

  1. Marketing Insight
    January 10, 2009
    9:18 am

    Ok. I understand you dont have income right now, but 800 is a figure that credit card companies would work with you for. The cost of filing for bankruptcy is far higher then 800. I recomend that you call your credit card company and see what solution they offer.

  2. RC Airplanes
    January 11, 2009
    12:34 pm

    That is WAY too little debt to attempt BK. It would cost you more than that just to file.

    Get a job, then start paying.

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