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  2. 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]

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

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

    Here are some common reasons you might file for Chapter 13 after filing for Chapter 7. Back taxes: If you discharge all your debts but still have back taxes that weren’t dischargeable, chapter ...

  4. Which debts can’t be discharged in bankruptcy? - AOL

    www.aol.com/finance/debts-t-discharged...

    As part of Chapter 7 bankruptcy, your credit card debt is typically discharged immediately. On the other hand, Chapter 13 bankruptcy focuses on reorganizing your debts.

  5. 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.

  6. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    The most common types of personal bankruptcy for individuals are Chapter 7 and Chapter 13. 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 ...

  7. Bankruptcy Abuse Prevention and Consumer Protection Act

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

    The new legislation also requires that all individual debtors in either chapter 7 or chapter 13 complete an "instructional course concerning personal financial management." If a chapter 7 debtor does not complete the course, it constitutes grounds for denial of discharge pursuant to new . The financial management program is experimental and the ...

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