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. There are some big differences between the two and youContinue reading

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 not reasonable and necessary) and the distribution of these proceedsContinue reading