Bankruptcy
Bankruptcy is a legal process where a federal court helps you deal with debt you cannot pay. The court can wipe out some or all of what you owe, or give you a plan to pay it off over time. These articles can help you understand the basics of bankruptcy. Please talk to a lawyer about your specific case.
National Association of Consumer Advocates Find an Attorney Tool (opens in a new window)
Use this tool to search for a bankruptcy lawyer. Under "area of practice," select "bankruptcy" from the drop-down menu.
What Is Bankruptcy and Can It Help Me?
Read more about how bankruptcy works, what debts it may erase, and when filing for bankruptcy may or may not be the right choice in Virginia.
Chapter 7 or Chapter 13 Bankruptcy: Which One Is Right For Me?
Read more about the differences between Chapter 7 and Chapter 13 bankruptcy, how each type handles debt and property, and which option may fit your financial situation in Virginia.
What Debts Can Bankruptcy Wipe Out?
Read more about which debts bankruptcy can and can't erase. Learn how bankruptcy may affect mortgages, student loans, and other common debts in Virginia.
What Property Can I Keep if I File Chapter 7 in Virginia?
Read more about property exemptions in Chapter 7 bankruptcy, including protections for your home, car, personal belongings, and other assets you may be able to keep.
What Are the Steps to File for Chapter 7 Bankruptcy?
Read more about filing for Chapter 7 bankruptcy step-by-step, including what documents are required and what to expect during the process.
Can Bankruptcy Stop My Wage Garnishment?
Read more about how bankruptcy can immediately stop wage and bank garnishment, when you may be able to recover recently garnished money, and why acting quickly matters.
National Consumer Law Center's "Surviving Debt" (opens in a new window)
This online book offers practical advice on how to deal with debt.