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Types of Bankruptcy
There are two main types of bankruptcies, re-organizational bankruptcy, which allow people to restructure debt and liquidation bankruptcy, which wipes out debt. Learn about Chapter 13, Chapter 7 and other bankruptcy claims with information from a lawyer... More »
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Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to .... Falsifications on bankruptcy forms often constitute perjury. Multiple ...


There are five different types of bankruptcy outlined by the United States Bankruptcy Code. Each type of bankruptcy is identified by the chapter of the Code that ...


Once you've decided that bankruptcy is the right solution for your financial situation, you will need to decide which type of bankruptcy is most beneficial.


Whether you'll qualify to have your debt wiped out in a Chapter 7 bankruptcy, or be required to enter into a Chapter 13 repayment plan, depends on how much ...


Thinking About Filing for Bankruptcy? Learn What Declaring Bankruptcy Means, How to File, Potential Consequences & Which Type is Right for Your Needs.


There are several types of reorganization bankruptcies, but Chapter 13 is most commonly used by consumers. In Chapter 13 bankruptcy, you keep all of your ...


Apr 28, 2013 ... U.S. federal law provides for six different types of bankruptcy, of which three are the most common: Chapter 7, Chapter 11, and Chapter 13.


Apr 1, 2005 ... Here's a quick run down of the five most common types of bankruptcy: Chapter 7: Also known as liquidation, allows individuals or businesses to ...