How Do You Decide Between Chapter 7 And Chapter 13 Bankruptcy?

Bankruptcy is a method in which consumers or businesses can reduce or eliminate all or part of their debts. The federal bankruptcy court protects the debtor from the creditor during the process of the bankruptcy and following the proceedings as well. Your first step in deciding to file bankruptcy is determining what type of bankruptcy is best for your financial situation. Chapter 7 Bankruptcy Chapter 7 bankruptcies fall under the liquidation category. Read More