The repayment plan is one of the main differences between Chapter 13 and Chapter 7 bankruptcy. Filers pursuing Chapter 13 relief have to commit to a structured series of payments that may last anywhere from three to five years. They pay down their eligible unsecured...
2 common types of bankruptcy for consumers
The realization that you have financial difficulties is one that’s hard to deal with because it’s not like you can just stop paying all your bills and still live a normal life. Many people assume that being irresponsible with money is the cause of financial...
