Chapter 7 vs. Chapter 13 Bankruptcy
Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer Chapter 7 and...
Tagged: chapter 7
Chapter 7 Bankruptcy-A Quick Overview
There are six basic types of bankruptcy under the US Bankruptcy Code. Chapter 7 is a “liquidation” of nonexempt assets to pay debts. The court will an appoint the debtor a trustee. This trustee...