06 jul ProPublica logo design, Bankruptcy: What’s the essential difference between Chapter 7 and Chapter 13?

Key differences when considering the chapters make selecting the most appropriate one crucial for success. Utilizing our analysis, we explain the way they work and exactly how individuals fare under each.

Sept. 27, 2017, 8 a.m. EDT

Series: Too Broke for Bankruptcy

Just How Bankruptcy Fails People Who Want It Many

The 2 bankruptcy that is main open to individuals inundated by consumer debt are Chapter 7 or Chapter 13. The choices vary significantly in how they work additionally the relief they offer.