As summer approaches, gas prices rise and the lure of a summer vacation or holiday pulls at families. All too often the costs of the summer outing is put on credit cards at high interest rates with meager thought on when the bill comes due. It is usually at the end of summer about the time the back to school sales and school clothing purchases are incurred. The credit card debt may also arise from a check payday loan at an annual interest rate of 360 per cent. They encourage borrowers to keep rolling the pay day loan over and over. Eventually in a shot time a $400.00 loan becomes astronomical and is not able to be paid in full ever. Couple this with a car payment, medical expenses and a consumer and or their family costs exponentially skyrockets. The debtor becomes numb to the debt and no longer responds to the creditor who then files a lawsuit and obtains judgment against the purchaser. The next step by the creditor is garnishment or asset seizure. Most opt for garnishment which can wipeout a family budget plan and hit grocery and living expenses. While most families roll with the hits, their is a option to wipeout these debts and obtain a fresh start through Chapter seven or Chapter 13 bankruptcy. It allows a debtor some initial breathing room to figure out a liquidation plan or repayment plan. Garnishments are stopped and discharged in most cases and judgements are wiped out. Unsecured debts are often discharged giving the debtor a fresh start. Secured debts are either paid for or given back and discharged. The process takes a skilled review of the debtor’s complete financial picture. Also note the Chapter 7 and Chapter 13 stops foreclosures and repossessions. However the creditors of these debts are paid or the collateral is abandoned and the debt discharged. Repossessions put a worker afoot and without a reasonable means to get to their place of employment.