What are the advantages of Chapter 7 over 13?
Generally, it is quicker and less expensive than a Chapter 13. You would discharge most of your debts, and be able to start again without a difficult budget. As the discharge occurs within about five months, you begin building your new credit history sooner. Generally, if we are able to solve your pressing problems, directly or indirectly using a Chapter 7, it leads to a quicker “fresh start” of your financial life.
