Page 14 - Bankruptcy Be-Gone E-Book.pdf
P. 14
Chapter 7
Personal Bankruptcy Types
is known as the "Liquidation
Bankruptcy".It is simplest, quickest
and most common type of bankruptcy
Chapter 13
is called the "Wage earners Bankruptcy",
and for good reason.Chapter 13 is for
people making money but have fallen
behind keeping up with payments made
on credit. Your debts are reorganized
and a program is set up to repay them.
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