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What Are the Differences Between Chapter 7 and Chapter 13 Bankruptcy?

April 26, 2017Bankruptcy Chapter 13 chapter 7 differences

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What Are the Differences Between Chapter 7 and Chapter 13 Bankruptcy?

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Chapter 7 discharges most of your debt, while Chapter 13 establishes protections for you while you repay a portion of your debt to your creditors. The rules for eligibility for one or the other vary, so you should consult a Columbus bankruptcy lawyer for assistance in determining which, if either, that you may be eligible for.