Different Types of Bankruptcy Cases
The two main types of bankruptcy are chapter 7 bankruptcy, or chapter 7, and chapter 13 bankruptcy, or just chapter 13. These two types vary greatly when it comes down to asset liquidation and the actual payment function. Whichever case fits you best is most likely determined by the attorney. Knowing the ins and outs of your case will assist you in the preceding because a lot of the “lingo” will be comprehendable.
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