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  2. Common types of bankruptcy and how to avoid filing - AOL

    www.aol.com/finance/common-types-bankruptcy...

    Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

  3. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    When you file for Chapter 7 or Chapter 13 bankruptcy, you will need to attend credit counseling. Your credit counselor will go over your options and help create a plan. Your credit counselor will ...

  4. Bankruptcy Basics: How to File, Types, and More - AOL

    www.aol.com/bankruptcy-basics-file-types-more...

    Bankruptcy is a way for an individual or business to have their debts legally discharged in the event that they cannot pay them. For example, if your home is being foreclosed upon or your debts ...

  5. Personal bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Personal_bankruptcy

    The rules for filing personal bankruptcy in each province and territory differ slightly. In some areas of Canada individuals may be permitted to keep (exempt) certain property. Common items for exemption include clothing, furniture, appliances, motor vehicles, medical and dental aids, a home, family heirlooms , and some insurance.

  6. Can you save money by not hiring a bankruptcy attorney? - AOL

    www.aol.com/finance/save-money-not-hiring...

    A bankruptcy lawyer can assess your financial situation, advise you on the most suitable type of bankruptcy to file (such as Chapter 7 or Chapter 13), prepare and file all necessary paperwork ...

  7. Federal Rules of Bankruptcy Procedure - Wikipedia

    en.wikipedia.org/wiki/Federal_Rules_of...

    Among the topics covered by the FRBP are adversary proceedings in bankruptcy, commencement of cases (by filing a voluntary or involuntary bankruptcy petition), how a creditor may file a proof of claim in bankruptcy or a petition for relief from automatic stay, the duties of the debtor, time periods for filing various types of motions, and the ...

  8. Chapter 7, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_7,_Title_11...

    Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]

  9. Before You File for Bankruptcy, Consider These 3 Alternatives

    www.aol.com/file-bankruptcy-consider-3...

    Declaring bankruptcy isn't your only option. Read on to explore a few other choices that may provide better outcomes for your financial situation. Before You File for Bankruptcy, Consider These 3 ...

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