Chapter 7 vs Chapter 13

November 20, 2018

What’s the Difference?

There are differences between a Chapter 7 bankruptcy (“liquidation” or “straight bankruptcy”) and a Chapter 13 bankruptcy (the “wage earner’s bankruptcy”).  While a Chapter 7 bankruptcy […]
November 20, 2018

Consider the Alternatives

If a debtor does not qualify for a Chapter 7 filing, there are financial options other than Chapter 13 bankruptcy, but they have their own downsides […]
November 20, 2018

Ways and Means

In order to qualify for Chapter 7 bankruptcy, which discharges most of a debtor’s unsecured debt (personal loans, credit cards, etc.), the debtor must pass a […]
November 20, 2018

The Costs of Bankruptcy

It may seem somewhat ironic to anyone considering filing for bankruptcy that he or she is expected to pay exorbitant fees to file.  Fortunately, filing costs […]
November 16, 2018

Saving Your Home

While a Chapter 13 bankruptcy may help those facing foreclosure to come up with a payment plan that helps them keep their homes, Chapter 7 bankruptcy […]
November 16, 2018

Bankruptcy, Chapter and Verse

Welcome to our new column! Do you have any questions about the difference between Chapter 7 and Chapter 13?  Are you thinking of filing bankruptcy?  Let […]
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