Chapter 13 bankruptcy allows individuals to develop a plan to repay all or part of their debts. Unlike Chapter 7, which involves liquidating assets, Chapter 13 allows debtors to keep their property and make payments over time. Not everyone qualifies for this type of...
2 common mistakes to avoid when filing for Chapter 7 bankruptcy
Navigating the bankruptcy system can be complex, and even minor mistakes can have significant consequences. But the reality of filing for Chapter 7 bankruptcy doesn’t take away from the fact that it can provide much-needed relief for individuals overwhelmed by debt in...