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 ...
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 ...
First, the homestead exemption rules in Chapter 7 also apply to Chapter 13. The difference between the two plans is how the bankruptcy court treats the leftover equity. In Chapter 13, if you have ...
Chapter 13 bankruptcy, known as a “wage earner’s plan,” is a popular route for individuals who want to repay their debts while keeping more assets. Unlike Chapter 7 bankruptcy, which ...