Tag Archives: reorganization

Chapter 7 Bankruptcy & Chapter 13 Bankruptcy Compared

    QUESTIONS CHAPTER 7 BANKRUPTCY CHAPTER 13 BANKRUPTCY Qualification to file a case: Individuals & married couples who pass the “means test” or whose debts are primarily business related, corporations or partnerships can file Chapter 7 bankruptcy. Married or unmarried Individuals, people who cannot qualify for Chapter 7 bankruptcy and people who own businesses…

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