Types of Bankruptcy Protection
Types of Bankruptcy Protection Many people working on credit repair have a bankruptcy in their past. Over 1.2 million bankruptcies were filed in 2012 alone. But, even many of those who have filed do not know very much about the process, the long term consequences, or what each type of bankruptcy entails. Read on to learn a bit more about the most common types.
To undergo either type of bankruptcy, you will have to go through credit counseling. There are agencies in each state approved by the United States Trustee’s office. You will also need cash for filing and administration fees.