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Category Archives: Chapter 13 Bankruptcy

What is Chapter 13 Bankruptcy?

By Gary Carnal |

One of the most commonly used bankruptcy options for individuals and families is Chapter 13 bankruptcy. There are many factors and reasons why someone might choose Chapter 13 bankruptcy over another form of bankruptcy, including eligibility and asset retention. How does Chapter 13 Bankruptcy work? Chapter 13 bankruptcy is also known as a “wage… Read More »

Chapter 7 Bankruptcy: Am I Eligible?

By Gary Carnal |

When people talk about “filing for bankruptcy” what they do not realize is that there is no single process or single relief designated as bankruptcy. There are six types of federal bankruptcy processes. The most common type of bankruptcy is Chapter 7. What is Chapter 7 Bankruptcy? Under Chapter 7 bankruptcy, a bankruptcy trustee… Read More »

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