Archive for the ‘$50 Payday Loan’ Category

ProPublica logo, Bankruptcy: What’s the essential difference between Chapter 7 and Chapter 13?

Jun 15

Key differences when considering the chapters make selecting the most appropriate one crucial for success. Utilizing our analysis, we explain the way they work and exactly how individuals fare under each.

Sept. 27, 2017, 8 a.m. EDT

Series: Too Broke for Bankruptcy

Exactly Exactly How Bankruptcy Fails People Who Require It Many

The 2 bankruptcy that is main offered to individuals inundated by unsecured debt are Chapter 7 or Chapter 13. Your options vary significantly in the way they work therefore the relief they supply. Here are the fundamental characteristics of each and every chapter, in addition to data drawn from ProPublica’s analysis of bankruptcy filings from 2008-2015 showing what forms of debtors are going for each chapter and exactly how effective they truly are at having their debts wiped away or released. (more…)