⚖️ Legal & Self-Advocacy Skills *coming soon
Course overview
Lesson Overview

7.7 – Understanding Bankruptcy Basics: Bankruptcy is a legal process that helps individuals or businesses eliminate or repay debts under court supervision. It’s not a failure—it’s a structured way to rebuild financial stability. Chapter 7 allows liquidation of assets to erase most debts, while Chapter 13 creates a repayment plan over time. Bankruptcy stops collection calls, wage garnishments, and lawsuits immediately through an “automatic stay.” You must disclose all assets, debts, and income honestly. While it affects credit for several years, it also offers a chance for a clean slate. Before filing, speak with a financial counselor or bankruptcy attorney to explore all options. Understanding the process helps you make informed, confident decisions instead of reacting in fear. Bankruptcy is not the end of financial freedom—it can be the beginning of recovery.

About this course

Knowledge and strategies to understand your rights, navigate legal systems, and advocate effectively for yourself.

This course includes:
  • Legal rights and resource guides
  • Self-advocacy planning templates and documentation checklists
  • Scenario-based exercises for practicingegal and advocacy interactions

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