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Things to Know Before Filing For Bankruptcy In Tampa

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There are many different reasons as to why a person would want to file for bankruptcy. They need it to get out from under a lot of debt, or maybe they think that they have gotten into too much trouble and can no longer pay their bills. No matter what the reason is, there is one thing for sure and that is that it is something that needs to be done. If it was not already done, now is definitely the time. If you are wondering what chapter 13 means, then you need to know that chapter 13 bankruptcy works like this. It is not actually a chapter in and of itself, but it is filed under another section of the bankruptcy code. It is filed under either the name of the individual filing the suit or the company filing with the federal government. In order to file for chapter 13 bankruptcy, you will need to meet the following criteria. First, you must be at least 18 years of age. Next, you will need to have been continuously employed throughout most of the year. This makes a big difference because