CHAPTER 7 vs CHAPTER 13 Bankruptcy
Which works best for me?
Chapter 7 and Chapter 13 bankruptcy each have different benefits and ways to eliminate debt. Which one you choose or qualify for depends on your:
- Finances
- Types of debt
- Income
Note: Chapter 11 (business bankruptcy) is designed primarily for businesses owned and controlled by more than one person (Example: LLC, partnership, corporation). It is very similar to chapter 13 in restructuring debt. We currently do not handle chapter 11 cases, but if you are a single business owner (sole proprietorship), contact us to see if you qualify for chapter 13, which is less expensive than filing chapter 11. Call or fill out the form bellow.
Need more advice on your specific situation?
Steven can quickly analyze your unique situation and give you the best options to choose from. No obligation to hire us.