Am I eligible for chapter 7 bankruptcy?
Am I eligible for chapter 7 bankruptcy? You can file chapter 7 bankruptcy only once every eight years. If you filed a chapter 13 in the past and want to file a chapter 7, the rules are a little more complicated. Call an attorney for more information. Many people ask whether they are eligible for […]
Debts not discharged in chapter 7 bankruptcy.
The vast majority of your debts will be discharged (dismissed) in a chapter 7 bankruptcy including credit cards (with some limited exceptions), medical debts, personal loans including pay day loans, rental related debts, utility bills, tuition and fees, and many more. Rather than provide an exhaustive list of debts which can be discharged, it is […]
Chapter 13 vs 7
Chapter 13 vs Chapter 7 Bankruptcy One of the first questions people ask when contemplating bankruptcy is which chapter they qualify under. For consumer debtors (non-business-related debts), it is a matter of comparing the benefits of chapter 13 and 7 bankruptcies. In short, a chapter 7 is a liquidation bankruptcy, and a chapter 13 is […]