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Chapter 13 Bankruptcy

2021-07-23T06:47:55+00:00June 10th, 2021|

What is Chapter 13 Bankruptcy? A chapter 13 bankruptcy allows people with a regular income to repay all or part of their debts. The debtors propose a plan to pay their creditors in installments over three to five years. Advantages [...]

Chapter 7 Bankruptcy

2021-06-03T13:36:36+00:00June 3rd, 2021|

What is chapter 7 bankruptcy? In a chapter 7 bankruptcy case, the bankruptcy trustee gathers and then sells the debtor's nonexempt assets and proceeds to pay the creditors following the Bankruptcy Code. Some portions of the debtor's property may be [...]

Bankruptcy Chapter 7: What Is It?

2021-07-23T12:02:54+00:00February 20th, 2021|

If you’re considering bankruptcy, it is important to understand the different types and how they will impact you. Here, we’re going to take a look at Chapter 7 – also referred to as liquidation or straight bankruptcy. And this is [...]

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