Remove Chapter 7 bankruptcy Remove Creditor's Rights Remove Secured Creditor Remove Unsecured Debt
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Secured vs Unsecured Debt: Everything You Need to Know

Sawin & Shea

Before you declare bankruptcy, it’s crucial to understand how the law treats the concept of secured vs unsecured debt. First, let’s briefly touch on two of the most common types of bankruptcy: Chapter 7 and Chapter 13. What’s the Difference Between Chapter 7 and Chapter 13?