What Everyone Should Know About Chapter 7 And Chapter 13 Bankruptcy

Bankruptcy can be a way to give yourself a fresh start when you are unable to pay back your debts. However, there are several ways to file for bankruptcy, which can make it difficult to figure out which one is best for you. You'll likely be picking between Chapter 7 and Chapter 13 bankruptcy, which are used by individuals rather than businesses. Each is very similar throughout the entire process.