Chapter 13 bankruptcy is a wage earner's plan. Chapter 13 allows individuals with regular income to propose a plan to repay all or part of their debts. The plan...
Category: Bankruptcy
Tags: chapter 13, bankruptcy
Read MoreChapter 7 bankruptcy is a liquidation proceeding designed for those experiencing financial difficulty that do not have the ability to pay their existing debts. The debtor turns over all non-exempt property ...
Category: Bankruptcy
Tags: chapter 7, bankruptcy
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