All 'filing for bankruptcy' Articles

Reorganising Your Debts With A Chapter 13 Bankruptcy

When someone files a Chapter 13, it means that they are not able to repay their debt obligations as they originally agreed to do when the debt was taken on. Chapter 13 bankruptcy law allows for these debts to be reorganized for the purpose of repayment. This is different than a Chapter 7 bankruptcy, in which the debts are discharged immediately instead of being set up with a repayment schedule.

LegalMatch Pre-Screen Process

 Subscribe in a reader