If you are buried in debts that you do not know how you will repay and creditors are contacting you to make collection efforts bankruptcy could help you relieve the stress you are living under.
Thousands of Montana debtors have utilized the MT bankruptcy laws to get a hold of their debts and to begin living debt free with a chance to rebuild their credit.
Our website can provide people in Montana considering bankruptcy the information they need to decide whether to make an appointment with a bankruptcy attorney to further discuss your debts. When you are ready to learn more about filing either chapter 7 or chapter 13 you can schedule a free consultation meeting with a Montana bankruptcy lawyer to talk about your debts and how bankruptcy can help you with tackling your debts.
Chapter 7 bankruptcy is a liquidation bankruptcy and if a debtor files chapter 7 bankrupty they must turn over any of their assets not protected by the Montana bankruptcy exemptions. Chapter 7 is the most commonly filed bankruptcy.
Chapter 13 is known as a reorganization bankruptcy and if a debtor files a chapter 13 bankruptcy they will reorganize their debts into a more manageable repayment plan while protected by the bankruptcy laws. Chapter 13 also provides protection from creditor harassment.