“What are the different chapters?” They refer to different parts, called chapters, of the bankruptcy law. Individuals may use Chapter 7 or Chapter 13. Chapter 7 gives you a fresh start by discharging your unsecured debts (such as credit cards and medical...
The Homestead Exemption and Shielding a Personal Residence from Creditors Upon filing for bankruptcy under either Chapter 7 or Chapter 13, a debtor can face the risk of losing some or all of his personal and real property assets to satisfy the claims of unsecured...
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