Six Differences Between Chapter 7 And Chapter 13 Bankruptcy
Are you looking into bankruptcy, but feeling a bit confused about the differences between Chapter 7 and Chapter 13? Here is what you need to know about these two forms of bankruptcy.
Who's Eligible?
The main thing to be aware of is who is eligible for each form of bankruptcy. Chapter 13 bankruptcy is for individuals seeking relief from debts. Whereas, Chapter 7 can be for both individuals and businesses who are seeking help.
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