Tucson Bankruptcy Attorney - What Are Secured and Unsecured Debts?

2016-12-23 3

Tucson Bankruptcy Attorney

Secured debts are those debts the payment of which is guaranteed (secured) by a particular item or items of a property while unsecured debts are debts that are not protected by a pledge of property as collateral. Find out more about secured and unsecured debts here and how a Tucson bankruptcy attorney can help.

The difference between secured and unsecured debts is important because if a person files for bankruptcy to receive a fresh financial start, he or she generally does not need to repay unsecured debts in full, but secured debts, with certain exceptions, must generally be repaid in full. Yusufov Law Firm is your trusted bankruptcy attorney in Tucson that you can rely on. http://www.ylfbankruptcy.com/debt-relief-attorney/case-resolutions

Bankruptcy Attorney in Tucson
Bankruptcy Attorney in Tucson AZ