Are all bankruptcy options the same?
- Chapter 7 involves a straight liquidation.
- Chapter 13 is a plan to pay either all or part of what’s owed over a course of time.
- Chapter 11 is when a person owes a great deal of money and may have significant assets.
- Each chapter is different and each has its benefits and detriments.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.