Personal Bankruptcy
Those who file for personal bankruptcy usually choose either Chapter 7 or Chapter 13. Chapter 11 is also available for personal bankruptcy filings but it requires a minimum debt level be met. Therefore, Chapter 11 is usually only used by businesses.
Chapter 7 provides for a complete liquidation of your assets while Chapters 11 and 13 provide for the creation of a 3 to 5 year payment plan for your debts.
Click here to find Personal Bankruptcy Attorneys near you.
How-To's
- How To File for Bankruptcy Under Chapter 7
Various federal bankruptcy laws allows persons in extreme amounts of debt to get a "fresh financial start" by either reducing the amount of debt required to be repaid or extending the time period in which it must be paid. Chapter 7 is the chapter of the bankruptcy governing liquidation of assets and discharge of debts. Below is a summary of the basic process for … more
Top Related Personal Bankruptcy Topics
- Avoid Bankruptcy
- Bankruptcy Alternatives
- Bankruptcy and Your Credit
- Bankruptcy Attorney
- Bankruptcy Court
- Bankruptcy Information
- Bankruptcy Law
- Bankruptcy Lawyer
- Bankruptcy Services
- Business Bankruptcy
- Chapter 7 and Chapter 13
- Co-signers, Spouses and Others
- Consumer Bankruptcy
- Consumer Bankruptcy
- Credit Repair Lawyers
- Credit Report Lawyers
- Credit Restoration Lawyers
- Debt Relief
- Family Farmer Bankruptcy Lawyers
- File Bankruptcy
- Filing Bankruptcy
- Municipality Bankruptcy Lawyers
- New Bankruptcy Law
- Personal Bankruptcy Lawyers
- Types of Bankruptcy
- Workouts
- Your Assets and Bankruptcy
Am I Eligible to File for Bankruptcy Under Chapter 7?
Do I Need a Lawyer to File Bankruptcy?
What is Bankruptcy?
Bankruptcy - What Can I Keep?
Chapter 13 Bankruptcy
Should I Get An Attorney To File Bankruptcy?
Chapter 7 Bankruptcy