If you are considering filing for bankruptcy, it is probably because you feel like you have no other viable options by which you can secure a better financial future. This process allows you an organized way through which you can discharge certain balances and reclaim your financial future. However, you may also have serious concerns about how this choice could affect your everyday life.
For example, will filing for bankruptcy cause you to lose your home? Will you have to give up certain assets in order to complete this process? It's normal to have concerns about what this process could mean for you, but thankfully, there are protections in place that could be helpful to you. Bankruptcy law provides exemptions that will likely allow you to keep most of the things that are important to you.