Recovery Law Group

  Bankruptcy cases in the USA are handled by federal courts under the US Bankruptcy Code. The case usu ally filed by a debtor who for whom debts have become unmanageable. The case can be filed by an individual, spouses together, or a corporate or other identity. All of the debtor’s assets are measured and evaluated, and some of them may be used to repay a portion of the outstanding debts of the creditors. During your bankruptcy consultation Houston, TX, and bankruptcy consultation Los Angeles, California, your attorney will most likely give you option to file for it either Chapter 7 or Chapter 13, in order to provide you relief from the debt that you cannot repay.    Chapter 7 bankruptcy, also known as liquidation bankruptcy, could be the right option for you if have little to no deposable income. You will have to pass a means test to prove that you cannot afford to pay your debts with your current sources of income. Once you are able to successfully file for bankruptcy unde