| The goal for individuals who file Chapter 7 is to free themselves of debt through a bankruptcy discharge. Although businesses normally do not receive a discharge, corporations and partnerships may use Chapter 7 to liquidate and close their business. learn more
To see if Chapter 7 is best suited for you simply click here | | Chapter 13 is for individuals with regular income who want to reorganize their financial affairs. The debtor proposes a repayment plan, say to catch up on the arrears on their home mortgage. Only individuals and sole proprietors are eligible for Chapter 13. learn more
To see if Chapter 13 is best suited for you simply click here | | 1. Can immediately stop home foreclosure. 2. Stops creditors from calling and harassing. 3. Can discharge most if not all of your debt. 4. Gives you a fresh start. 5. Can cost less than a loan modification or credit counseling. 6. Provides a permanent and lasting solution | |
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