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Depending on your financial situation, bankruptcy may be the best option for you and your family. However, that doesn’t mean bankruptcy isn’t confusing. Take a look at the following resources to get more information:

  • The key benefit of bankruptcy is the discharge of your debts. To learn more about the advantages of bankruptcy, head over to NACBA.org.
  • To learn how canceled debts affect your taxes, take a look at this publication from the Internal Revenue Service.
  • Visit MakingHomeAffordable.org to learn more about the Home Affordable Modification Program.
  • For more information about the different programs available to help you avoid foreclosure, visit HUD.gov.
  • Visit USCourts.gov to learn more about the different types of bankruptcy you can file for.