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Tag Archives: bankruptcy chapters

The 34th Bankruptcy & Debt Carnival…Online Now

Welcome To The 34th Bankruptcy & Debt Carnival!

April 27th 2009

*Posts presented according to subject*

Credit Cards
apply4-credit presents New to Credit Cards? Here is What You Should Know posted at Apply4-Credit.
CreditCardAssist.com presents Understanding Your Credit Card Account – How APR is Calculated posted at Credit Card Assist.
Tushar Mathur presents How to choose a financial planner posted at [...]

Types of Bankruptcy

Generally speaking, there are 3 main types of bankruptcy:
Chapter 11: Corporate Reorganization.
Chapter 13: Consumer Reorganization
Chapter 7: Liquidation- both Corporate & Consumer.
Therefore, for most people looking to file for bankruptcy, they file for Chapter 7 in order to discharge some of their unsecured debts.
Look on the left hand collumn for our extensive posts on Chapter 7 [...]