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There are two primary types of personal bankruptcy: Chapter 13 and Chapter 7.credit counseling
Each must be filed in federal bankruptcy court. credit counseling The
current fees for seeking bankruptcy relief are $160: a filing fee of $130 and an
administrative fee of $30. credit counseling Attorney fees are additional
and can vary widely. credit counseling The consequences of bankruptcy are
significant and require careful consideration. credit counseling
Most automobile financing agreements allow a creditor to repossess your car any
time you're in default. credit counseling No notice is required. credit counseling
If your car is repossessed, credit counseling you may have to pay the
full balance due on the loan, credit counseling as well as towing and
storage costs, to get it back. credit counseling If you can't do this, credit counseling
the creditor may sell the car. credit counseling If you see default
approaching, credit counseling you may be better off selling the car
yourself and paying off the debt: credit counseling You would avoid the
added costs of repossession and a negative entry on your credit report.
credit counseling