Open/Close Menu Bankruptcy Lawyer Port St Lucie | Palm City Lawyer | Serving Stuart, Jensen Beach, Vero Beach, and the entire Treasure Coast - Jon L Martin Attorney at Law

Most people think Bankruptcy falls under either Chapter 7 or Chapter 13. These are the basic consumer formats. Chapter 7 is basically a straight liquidation of non-exempt assets; while Chapter 13 supposedly allows a debtor to retain non-exempt assets through what is essentially a “buy-back” plan over a 3 to 5 years period. Some people…