By vanko on March 9, 2011
Most consumers have heard of Chapter 7 bankruptcy but there is another type known as Chapter 13. This article details some of the differences between the two and how they may affect someone who has to file.
There are many differences between Chapter 7 and Chapter 13, but the main difference between Chapter 13 and Chapter [...]
Posted in Develop Your Skill | Tagged 13, bankruptcy, chapter, cope, how, to, with
By vanko on September 13, 2010
It is the Chapter 11 bankruptcy law that allows businesses to seek the same protection and relief that individuals have a right to under the Federal bankruptcy statues. Any business entity, whether a large corporation, a small partnership or even a one-man sole proprietorship, can file under Chapter 11 in order to have their debts [...]
Posted in Develop Your Skill | Tagged 11, bankruptcy, businesses, chapter, debts, for, law, of, provides, reorganizaiton
By vanko on June 7, 2010
A Chapter 13 bankruptcy is the specific type of legal proceeding that is granted under Federal statues to provide a repayment program for debts that are owed. Under Chapter 13 bankruptcy, a three-year or a five-year repayment plan is created for specific creditors according to the rules governing bankruptcy and through agreement by all parties [...]
Posted in Develop Your Skill | Tagged 13, a, bankruptcy, chapter, debt, payments, reorganizes, stuctures
