RI Bankruptcy Lawyers - Rhode Island Bankruptcy Attorneys
are located in the following areas:
Get a Free Evaluation to Find your Options for a Debt Free Life, by filling out the Evaluation Form at a Rhode Island bankruptcy lawyer in your area.
Your evaluation will be completed by the bankruptcy lawyer within one business day.
Rhode Island Chapter 7 & Chapter 13
The bankruptcy laws are complex and confusing, and Rhode Island debtors also have the option of filing chapter 7 or chapter 13 which can further complicate the process. However a RI bankruptcy attorney can explain the differences between the two chapters and how the bankruptcy laws can be leveraged to help you fight your debts.
Rhode Island chapter 7 bankruptcy allows a debtor to wipe out their debts and get protection from their creditors harassing them and making collection efforts. RI chapter 7 is a liquidation bankruptcy and is the most common chapter of theBankruptcy Code.
Rhode Island Chapter 13 is a reorganization bankruptcy that allows for a debtor to reorganize their debts into a more manageable debt repayment plan, to pay off a portion of their debts over a three to five year period of time. A chapter 13 debt repayment plan can only last for three to five years as laid out by law.
If you would like to learn more about bankruptcy or the differences between chapter 7 and chapter 13 you can schedule a no obligation, no cost bankruptcy consultation meeting. Simply fill out our online case evaluation form.