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Chapter 7 vs chapter 11

Chapter 7 is the most common type of personal bankruptcy in the U.S.

Chapter 11 on the other-hand is a type of bankruptcy for businesses. It’s often referred to as “reorganization bankruptcy” because it requires a business to give up their assets to settle debts.

Filing Chapter 7 vs. 13 Bankruptcy

November 30, 2020July 14, 2020 by Ryan

Chapter 7 vs. 13 Bankruptcy If you’re drowning in a sea of financial debt and can’t be approved for a debt consolidation loan, bankruptcy may … Read More

Categories Bankruptcy Tags Chapter 11 vs chapter 13, Chapter 7 vs chapter 11, Chapter 7 vs chapter 13 Leave a comment

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