Bankruptcy Law


Archive for the ‘Chapter 13’

Personal Bankruptcy 101: Chapter 7 vs. Chapter 13

The commencement of a bankruptcy case is to decide which type of bankruptcy to declare. For most consumers, this is a question of filing either Chapter 7 or Chapter 13 bankruptcy. But what’s the difference between Chapter 7 and Chapter 13 bankruptcy? In basic terms, a Chapter 7 bankruptcy is the basic type of bankruptcy [...]