By Glenn A. Brown, DMD, MBA on November 10, 2008
What is Chapter 13 Bankruptcy?
Chapter 13 Bankruptcy is often referred to as a bankruptcy repayment plan. This type of bankruptcy enables wage earning individuals to propose a three to five year plan to repay their creditors. After the repayment plan commences, creditors are forbidden from pursuing other collection efforts against debtors.
Chapter 13 is similar [...]
Posted in Bankruptcy | Tagged bankruptcy relief, bankruptcy trustee, Chapter 13 Bankruptcy, delaware bankruptcy, glenn a. brown, lawyer, philadelphia bankruptcy attorney, real world law, repayment plan, unsecured debts
By Glenn A. Brown, DMD, MBA on November 10, 2008
If you are looking to wipe out all of your debt and have a fresh start, Chapter 7 may be the best option for you. Of all the types of bankruptcies Chapter 7 is the most all-encompassing, because it covers not only individuals, but also corporations, partnerships and sole proprietorships. It is also the most [...]
Posted in Bankruptcy | Tagged 341 meeting of creditors, Chapter 7 bankruptcy, delaware bankruptcy lawyer, fresh start, liquidation, philadelphia bankruptcy attorney, real world law, types of bankruptcies, unsecured debt