What's the difference between Chapter 7 and Chapter 13 bankrupt...

06/05/18


KOKI FOX 23

What's the difference between Chapter 7 and Chapter 13 bankruptcy?
KOKI FOX 23
Chapter 7 in this sense is a liquidation bankruptcy. Because the debtor is insolvent, a trustee will usually be appointed to handle your case, including selling your assets so that your creditors get something. In many cases, though, the creditors may ...

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