Cuevas Fontán Luis J. Lcdo.

Bankruptcy Chapter 7 and Chapter 13 for individuals and unincorporated businesses. Chapter 7 allows all your eligible debts are completely discarded, not their assets. Certain assets may be lost, so you need an experienced attorney. Chapter 7 is generally used for debt elimination credit card, medical bills and other unsecured debt that can not be paid. In Chapter 13 a repayment plan where your debts are consolidated to a reasonable amount of payment is created monthly. This allows you to catch up on secured debts and to a proportional payment of their unsecured debt.