Chapter 13 bankruptcy Credit Unions Debtor 
Sawin & Shea
APRIL 17, 2024
Chapter 13 bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter 13 Bankruptcy Filing?
Debt Free Colorado
NOVEMBER 28, 2024
In Colorado, as in other states, there are specific types of bankruptcy that cover different financial situations. The two most common types are Chapter 7 and Chapter 13 bankruptcy. Chapter 7 Bankruptcy The liquidation process is managed by a trustee who sells non-exempt assets to pay creditors.
Credit Corp
MAY 30, 2023
Chapter 7: This option is designed to liquidate, or sell off, your non-exempt assets or valuable property. In most cases, debtors don’t have enough non-exempt assets to repay their debt. Chapter 7 is reported on your credit report for up to 10 years. So, financial institutions view you as a higher credit risk.
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