Showing posts with label chapter 7 vs chapter 13. Show all posts
Showing posts with label chapter 7 vs chapter 13. Show all posts

Saturday, June 4, 2011

Five Reasons to Choose Chapter 13 Over Chapter 7 Bankruptcy

If you're considering bankruptcy, chances are that a simple chapter 7 is your best bet. However, there are many cases where a chapter 13 could provide more protection and still eliminate a great chunk of your debt.

Here are five big advantages of using a chapter 13 payment plan rather than a chapter 7.

1. Keep All of Your Property