Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets. Many, or all, of the products featured on this page are from our advertising ...
If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to ...
MORE: What to know about Steward Health Care amid bankruptcy, financial crisis In Chapter 7 bankruptcies, by contrast, a ...
In the U.S., the two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13. Here are the requirements for each type: The key takeaway is that bankruptcy isn't reserved for ...