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If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...
Learn about Chapter 13 Bankruptcy. Read about its definition, process, pros and cons. Understand how it can help manage debts and protect assets.
“Chapter 13 bankruptcy can be a lifesaver, but it comes with structure — and that structure includes regular payments,” explained Mark Hirsch of Templer & Hirsch in Aventura, Florida.
Discover how receivership and bankruptcy differ in aiding financial recovery. Learn the benefits for creditors and struggling ...
When most people talk about personal bankruptcy, they're referring to Chapter 7 or Chapter 13 bankruptcy. The type you file plays a huge role in what happens to your property.
Chapter 13 is for individuals only and is similar to Chapter 11. Filers are allowed to keep their property but must submit a plan to the courts regarding how they intend to pay off the debts.
Chapter 7, Chapter 13 and Debt Settlement Definitions The debt relief vs. bankruptcy decision depends a lot on the type of bankruptcy you qualify to file.