Tag: bankruptcy concepts
Bankruptcy Basics: Chapter 7, Chapter 13
There are two basic types of consumer bankruptcy, Chapter 7 and Chapter 13. Chapter 7 cancels or “discharges” many types of debt. Most credit card, medical, and other unsecured debts are discharged, as are most court judgments and loans. Many filers find all of their debts discharged. Debts not discharged […]