The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria and debt repayment structure. Bankruptcy is governed by federal law and ...
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 ...
However, at the bottom of Pandora's box of debt relief options, there's bankruptcy. Of the six types of bankruptcy, Chapter 7 is for the most drastic debts. You can think of Chapter 7 bankruptcy ...
Exactly what happens to your mortgage if you file for bankruptcy, though, varies based on a few factors. “What happens depends on whether your payments are current, the type of bankruptcy and ...