What is a Chapter 13 Bankruptcy?
Jan03

What is a Chapter 13 Bankruptcy?

Did you know there is more than just one type of bankruptcy which can be filed? Most consumers who file, file for what is known as a Chapter 7 bankruptcy which is also known as a straight or liquidation bankruptcy. This type is the most common and is done when a person has limited assets. Most debts are discharged like credit card debt and loans, but the person does generally surrender things like homes and cars which are sold to pay...

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