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Bankruptcy FAQs

What is Chapter 13 bankruptcy?

Chapter 13 bankruptcy is a legal process where an individual with regular income repays some or all of their debt over a three-to-five year period. Under Cha...

What is Chapter 7 bankruptcy?

Chapter 7 bankruptcy is a legal process that can help certain individuals get a "fresh start" by eliminating some or all of their debt. Under Chapter...

What is bankruptcy counseling?

Bankruptcy counseling is counseling that you're required to complete in order to file Chapter 7 or Chapter 13 bankruptcy. To fulfill this requirement, your b...