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The Different Chapters of Bankruptcy Explained

Most people in the United States are familiar with the term bankruptcy. Bankruptcy, handled in the federal courts, can help a person get rid of any debt they have or make a plan to repay it. However, can you tell the differences between each of the different chapters of bankruptcy? There are six chapters of bankruptcy in the United States, Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13 …Read More