Bankruptcy Filings Dropped 6 Percent in 2016 - Bloomberg BNA

03/16/17


Bankruptcy Filings Dropped 6 Percent in 2016
Bloomberg BNA
Most consumer bankruptcy petitions are filed under Chapter 7 or Chapter 13. In Chapter 7, non-exempt assets are liquidated and proceeds are distributed to creditors. In Chapter 13, debtors with regular income can retain their assets but they must make ...

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