Monthly Archives: March 2026

What is the Difference Between Chapter 13 and Chapter 7?

A debtor’s financial troubles usually determine whether Chapter 7 or Chapter 13 is better. Debtors with excessive unsecured debts, like credit cards, usually file Chapter 7. Debtors with unpaid secured debts, like past due mortgage payments, usually file Chapter 13. As outlined below, these kinds of consumer bankruptcy have different stories (or at least… Read More »