Blog Date: 05/23/2014
Chapter 13 Bankruptcy is a legal process that differs from traditional debt consolidation in many important ways. If you are trying to decide between these two processes, this article will help you make your decision.While a Chapter 13 bankruptcy is actually a type of debt consolidation, it differs from traditional debt consolidation in certain important legal aspects. The most glaring and important difference is the power it wields. Backing up Chapter 13 bankruptcy is the Federal Bankruptcy Code, which can be a huge advantage when you are needing relief from debt. Chapter 13 Protects You Immediately An ...
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Blog Date: 05/23/2014
Do you want to know how often can you file chapter 7 type of bankruptcy? Well, the answer to that depends upon which original type of bankruptcy you filed before. If your original bankruptcy is chapter 7, then it would take about 8 years before you can file a chapter 7 type of bankruptcy. This is because you can only file bankruptcy again once your bankruptcy status is discharged and if you file a chapter 7, it would take a period of 8 years before your chapter 7 type of bankruptcy status get discharged. If your original bankruptcy is chapter ...
