A Chapter 7 bankruptcy stays on your credit report for 10 years after it is arranged. Without an attorney, many people filing for bankruptcy make errors that inadvertently get their case thrown out of...
court.During a Chapter 13 bankruptcy, the filer generally gets to keep their property, after agreeing to a plan to pay off a reasonable amount of the debt they have accumulated. The fee for filing a chapter 7 bankruptcy in the United States is currently $306.A Chapter 13 bankruptcy may make it easier to salvage valuable assets, like a home or car.
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