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  2. Chapter 12, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_12,_Title_11...

    Chapter 12 of Title 11 of the United States Code, or simply chapter 12, is a chapter of the Bankruptcy Code.It is similar to Chapter 13 in structure, but it offers additional benefits to farmers and fishermen in certain circumstances, beyond those available to ordinary wage earners.

  3. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    The law makes Chapter 12 bankruptcy (farm reorganization) permanent while adding family fishermen, overhauls the treatment of complex financial contracts including many derivative contracts used by hedge funds, and overhauls the treatment of ancillary foreign bankruptcy proceedings.

  4. Bankruptcy in the United States - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_in_the_United...

    Bankruptcy under Chapter 11, Chapter 12, or Chapter 13 is a more complex reorganization and involves allowing the debtor to keep some or all of his or her property and to use future earnings to pay off creditors. Consumers usually file chapter 7 or chapter 13. Chapter 11 filings by individuals are allowed, but are rare.

  5. Debt consolidation vs. Bankruptcy: Which is right for you?

    www.aol.com/finance/debt-consolidation-vs...

    Chapter 12 bankruptcy for family fishermen and family farmers needing a repayment plan. Debt consolidation vs. bankruptcy. Bankruptcy and debt consolidation both have their pros and cons.

  6. Title 11 of the United States Code - Wikipedia

    en.wikipedia.org/wiki/Title_11_of_the_United...

    Chapter 3: Case Administration; Chapter 5: Creditors, the Debtor and the Estate; Chapter 7: Liquidation; Chapter 9: Adjustment of Debts of a Municipality; Chapter 11: Reorganization; Chapter 12: Adjustment of Debts of a Family Farmer or Fisherman with Regular Annual Income; Chapter 13: Adjustment of Debts of an Individual with Regular Income

  7. How soon can you file Chapter 13 after Chapter 7 bankruptcy?

    www.aol.com/finance/soon-file-chapter-13-chapter...

    Filing Chapter 13 immediately after Chapter 7 is also referred to as Chapter 20 bankruptcy. You won’t receive a discharge when filing Chapter 20 since you aren’t waiting the full four years.

  8. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Chapter 7, known as a "straight bankruptcy", involves the discharge of certain debts without repayment. Chapter 13 involves a plan of repayment of debts over a period of years. Whether a person qualifies for Chapter 7 or Chapter 13 is in part determined by income. [49] [50] As many as 65% of all US consumer bankruptcy filings are Chapter 7 cases.

  9. Should I file bankruptcy for $12K debt? - AOL

    www.aol.com/finance/file-bankruptcy-12k-debt...

    With Chapter 7 bankruptcy, the courts may be able to seize some of your possessions to repay creditors. Maliga says these possessions can include vacation or rental properties, valuable art, stamp ...

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