Category Archives: Chapter 7 Bankruptcy

What is the difference between Chapter 7 and Chapter 13 Bankruptcy?

If you are looking for a bankruptcy attorney but aren’t sure what type of bankruptcy suits you best, realize that there are two contrasting types: Chapter 7 and Chapter 13 bankruptcy. The Law Offices of Jason R. Moseley concentrates in both types and can answer any questions you may have about which you qualify for. … Continue reading What is the difference between Chapter 7 and Chapter 13 Bankruptcy?

What Is Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, a bankruptcy trustee erases several (or all) of your debts. During this time the trustee may also sell or liquidate some of your property to repay your creditors and debt. Chapter 7 bankruptcy is the liquidation via sale of the debtor’s nonexempt property (these normally include items of value that are … Continue reading What Is Chapter 7 Bankruptcy?