You Don't Have to Keep Struggling With Your Finances

Work with a Chapter 7 bankruptcy attorney in Cranston, RI

Filing for bankruptcy is a last resort, and Furtado Legal Services will help you explore all of your options. If you are in Cranston, Rhode Island and need to file for Chapter 13 or Chapter 7 bankruptcy, attorney Michael Furtado can give you sound legal counsel. He will walk you through the entire process and inform you about the legal ramifications of each choice.

Find out more about your options today by calling Furtado Legal Services in Cranston, Rhode Island.

What's the difference between Chapter 7 and Chapter 13 bankruptcy?

What's the difference between Chapter 7 and Chapter 13 bankruptcy?

If you're struggling with your finances, it's important to consult with an attorney about your options. Whether you're filing for Chapter 7 or Chapter 13 bankruptcy, attorney Michael Furtado can assist you with the process.

There are a few differences between Chapter 7 bankruptcy and Chapter 13 bankruptcy. Your attorney will provide you with all of the necessary information you need before you make a decision.

In order to file for Chapter 7 bankruptcy, you will:

  • Liquidate your assets
  • Surrender your assets to the court
  • Repay your debts with the equity
In order to file for Chapter 13 bankruptcy, you will:

  • Submit a repayment proposal to the court
  • Have the proposal approved by a judge
  • Repay your debts in monthly installments
Whether you're leaning toward Chapter 13 bankruptcy or Chapter 7 bankruptcy, attorney Michael Furtado is here to assist you. Make an appointment with him today by calling 401-943-1732.