Don’t Let Your Debt Define Your Future

File for Chapter 7 or Chapter 13 bankruptcy in San Diego, California

Your credit card debt has become unmanageable. You’re getting past due bills in the mail every day. You’re drowning in debt, and you’re not sure what to do. Don’t let debt ruin your life. Find a way out by declaring bankruptcy.

Should you file for Chapter 7 or Chapter 13 bankruptcy?

There are a number of ways to get out from under your debt. Chapter 7 and Chapter 13 are the most common types of bankruptcy used by individuals to address their debt issues. At the Law Office of Gary Erickson, you’ll get the assistance you need to file for either form of bankruptcy.

Here’s what you should know about these bankruptcy options:

Chapter 7 Bankruptcy

Known as a “liquidation” plan. Chapter 7 requires you to sell some of your valuable assets to pay back creditors and relieve your debt. Some assets are exempt from liquidation. Learn more about your options from a trusted Chapter 7 bankruptcy lawyer in San Diego, CA.

Chapter 13 Bankruptcy

Known as a “reorganization” plan. In lieu of selling your assets, all of your unsecured debts are consolidated, and you are required to pay them off within 3 to 5 years. This option works best for those with a stable income.

See if one of these options will work for you and your situation. Contact the Law Office of Gary Erickson today to speak with a qualified bankruptcy attorney in San Diego, CA.