A new study recently suggests that African-Americans are twice as likely to end up filing Chapter 13 than Chapter 7. Some experts have suggested that perhaps it is simply because Chapter 13 fees can be paid back over a number of years, while Chapter 7 generally requires an upfront payment. Because of this, the study suggests that lawyers are disproportionately guiding some into a process that may not be the best choice for them financially due to conscious or unconscious biases.
You need a reliable, unbiased bankruptcy attorney who can provide sound financial advice based on more than 30 years of combined experience in Chapter 7 bankruptcy and Chapter 13 bankruptcy cases. Contact an attorney at The Sader Law Firm today for a free consultation at (816) 281-6349 to find out whether you qualify for bankruptcy and to learn more about your options.