Those people who are facing financial crisis due to lots of debt can undergo a legal process known as bankruptcy. Filing for bankruptcy could help you get a financial new beginning.

However, if you decide to seek bankruptcy relief you should fully understand the consequences. While you can do the process yourself it is much easier to hire a reliable legal practitioner to complete the process for you.

Personal bankruptcy processes give you two choices. There is Chapter 7 and Chapter 13 bankruptcy. Although listed as two types, they also have some commonalities. You can even move from one to the other, if you meet particular criteria. If you file for Chapter 7, there