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Ep 8: Is Bankruptcy a Quick Fix for Struggling Americans?

The Fine Print with George Kamel

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Chapter 13 Bankruptcy - What's My Biggest Fear?

There are six different types of bankruptcy, but only two are relevant to you. 13 is traditionally an unlucky number, and seven is perceived as lucky. If you're experiencing either of these, i'd say you are out of luck. With chapter 13, you get to keep your assets and your in time to bring your mortgage up to date,. You agree to a monthly payment plan and have to follow a strict budget monitored by the court.

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