Wednesday, September 28

Tag: Bankruptcy

Bankruptcy Law – What You Need to Know
Bankruptcy Law

Bankruptcy Law – What You Need to Know

Are you confused by the laws surrounding bankruptcy? If so, this article will help you understand the basics of the three most popular types of bankruptcy. These three types of bankruptcy include Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 15 bankruptcy. Read on to discover which is the best option for you. Once you understand the process, you'll be able to apply for bankruptcy with ease. And don't worry, you'll have some valuable resources to use to guide your case. Chapter 7 bankruptcy In the United States, the most common form of bankruptcy is Chapter 7. It governs the liquidation of assets, and its alternative, the reorganization process, and it is the most widely used type of bankruptcy. Unlike Chapter 11, which involves liquidating assets, Chapter 7 does not requi...