Getting To The Bottom Of Chapter 7 Versus Chapter 13 If you are considering bankruptcy and are just starting your research, you may be confused by two terms that are undoubtedly coming up often in your search for answers – Chapter 7 Bankruptcy and Chapter 13 Bankruptcy. These are the most common types of bankruptcy […]
Chapter 7 vs Chapter 13 vs Chapter 11 These terms are thrown around frequently in bankruptcy law. These chapters determine how a person or entity is supposed to file and each one provides different avenues for debtors. This post will briefly explain each chapter and the differences between the two. The term “chapter” is used […]
What Are the Differences between Chapter 7 and Chapter 13 Bankruptcy? If you are facing financial difficulties, you might want to consider filing bankruptcy protection. For individuals and couples, there are two common kinds of bankruptcy that are filed. Which kind you should file is dependent on your circumstances and your assets. A Chapter 7 […]
Can You Switch between Chapter 7 and Chapter 13 Bankruptcy? Imagine the following scenario – you are in the middle of bankruptcy filing when you get a better attorney who has a new suggestion for you. Is it possible to switch from one bankruptcy chapter to another in the middle of the process? There are good […]
What is Chapter 13 Bankruptcy Hardship Discharge? One thing you have to understand before filing for Chapter 13 bankruptcy is that you will be accepting a long-term commitment aimed at paying off debt and stabilizing your financial situation. Some debt restructuring and reduction will take place but you will still have to agree to a […]
Introduction to Bankruptcy and the Elderly Financial hardship happens to the best of us. There is no age group that is safe from financial hardship. Despite any other factor, like age or education, bankruptcy is an option for everyone – even small and big businesses. One age group that has seen an increase in the […]
What is Bankruptcy? Bankruptcy is typically reserved for individuals and companies that are going through a financial hardship and are overwhelmed with the financial obligations currently on their plate. There are a few different routes that a debtor can take to achieve an approved bankruptcy petition. There is Chapter 7 bankruptcy, Chapter 13 bankruptcy, and […]