Wondering whether Chapter 7 or Chapter 13 bankruptcy is better in your situation? Start by learning about the key differences between the two types of bankruptcy, including when you qualify for one and not the other. And then read about the pros and cons of Chapter 7 and Chapter 13, and which works best in various situations. And if you're a family farmer or fisherman, you should learn the pros and cons of Chapter 12 bankruptcy as compared to Chapter 13.
What Are the Differences Between Chapter 7 and Chapter 13 Bankruptcy?
Check out our handy table listing the differences between Chapter 7 and Chapter 13 bankruptcy.
Should I File for Chapter 7 or Chapter 13 If I Want to Keep My Home?
Can you file for bankruptcy and keep your house? This article explains how to file for bankruptcy and keep your house in Chapter 7 or Chapter 13 bankruptcy. You'll learn about protecting home equity in Chapters 7 and 13, keeping a house in Chapter 7, and catching up on past-due payments in Chapter 13. You'll also learn when you can remove liens and lower mortgage payments in Chapter 13 bankruptcy.
Is It Better To File A Chapter 7 or 13 Bankruptcy?
There are several reasons why Chapter 7 bankruptcy can be more advantageous to certain debtors than Chapter 13 bankruptcy.
Is Chapter 7 Bankruptcy the Right Choice for You?
Before you file for Chapter 7 bankruptcy, decide if it makes financial sense.
What Is Chapter 20 Bankruptcy?
In a Chapter 20 bankruptcy, you file Chapter 7 immediately before Chapter 13. Find out what a Chapter 20 bankruptcy is and when two bankruptcy filings can be better than one.