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The differences between Chapter 7 and 13 bankruptcy
The differences between Chapter 7 and 13 bankruptcy

If a Washingtonian finds themselves struggling to pay off debts, they may want to consider filing for bankruptcy. This is an important decision to make, and depending on one's financial situation, it is likely that either Chapter 7 or Chapter 13 bankruptcy is a much wiser ...

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Blog posts in Bankruptcy

  • What is a reaffirmation agreement?

    Most people in Vancouver who decide to file a petition in bankruptcy expect to have their debts eliminated or significantly reduced. Sometimes, ...

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  • Can a person file for bankruptcy and keep the family home?

    People in Vancouver who are considering filing a bankruptcy petition have many questions, but the most common by far is the future of the family's ...

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  • What is a reaffirmation agreement in bankruptcy?

    People in Vancouver who are contemplating bankruptcy are often torn between their desire to cancel their debts and to keep certain assets that may ...

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  • What is an executory contract in bankruptcy?

    What Is an Executory Contract? As many businessmen in Vancouver have learned, dealing with a company on the verge of bankruptcy can be difficult. ...

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  • Taking the bankruptcy plunge: a lawyer can help

    The decision to file a petition in federal Bankruptcy Court can be very troubling. People in Vancouver worry about the impact on their credit rating ...

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  • How does a bankruptcy filing protect the debtor from creditors?

    Many people in Vancouver have overindulged in credit card purchases, and they are unable to make even the required minimum monthly payments. Caught ...

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  • What is a 341 meeting in a bankruptcy proceeding?

    Chapters 7 and 13 of the Bankruptcy Code have many differences, but one similarity is the compulsory meeting of the debtor and his or her creditors. ...

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  • What is a small business bankruptcy?

    Many small business owners in Vancouver understand how seeking protection from creditors in bankruptcy court can be beneficial, but many of these ...

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  • The maze of bankruptcy exemptions

    Many residents of Vancouver who decided to seek protection under the federal Bankruptcy Act do not realize that they can designate certain assets as ...

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