Here's the Difference between Chapter 7 and Chapter 13 Bankruptcy

Jessica Guo

Open Vault from Federal Reserve Bank of St. Louis

Abstract: What differentiates Chapter 13 (reorganization) from Chapter 7 (liquidation) is the idea that as long as regular efforts are made to get out of debt, property can be kept and wages can be free of garnishment.

Date: 2019-09-11
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102547

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