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

Key differences when considering the chapters make deciding on the best 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 Just How Bankruptcy Fails People Who Want It Many

The 2 primary bankruptcy options open to individuals inundated by unsecured debt are Chapter 7 or Chapter 13. Your options vary significantly in the way they work additionally the relief they offer.