What Is the Difference Between Chapter 7, 11, and 13 Bankruptcies?
Credit Corp
MAY 3, 2023
Bankruptcy does have some benefits, such as potentially putting a stop to wage garnishments or foreclosures. You typically can’t apply for most types of credit, including a mortgage, auto loan or significant personal loan, without getting the court’s approval if you’re in the middle of a Chapter 13 bankruptcy, for example.
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