Sometimes , the cause is indecisions made with money. However, in other instances, the cause could be an array of circumstances. The family could be severely impacted by medical expenses, car repairs and additional consumer debts to cover the gap in wages. You’re likely to begin thinking when you’re there about the pros and cons of filing bankruptcy. There are pros and cons with every type of bankruptcy. All types meet the different needs of individuals municipalities, business and schools districts. Any bankruptcy filing that is active no matter if they’re Chapter 7 or Chapter 13, will stop debt collectors from trying to collect those who file them. Organizations and businesses are able to file Chapter 9 or Chapter 11 bankruptcy. When filling the documents needed for the court filing, the documentation must be as precise as it is possible. The possibility of fraud could result from errors in the paperwork which includes timing as well as actual facts. A judge may be able to decide to deny the bankruptcy request. If bankruptcy is over, all collection activities, including wage garnishment , as well as seizing of assets, can resume. Chapter 7 bankruptcy lawyers are well-versed in how to navigate the system and will be able to prevent errors on behalf of you. ncod9wsha4.