Bankruptcy Options – 7, 11, and 13
Sunday, October 25th, 2009Bankruptcy: the word alone may send chills up your spine. But so do the words “debt”, “foreclosure”, and “repossession”. While bankruptcy may seem undesirable, intimidating, or downright embarrassing, in some instances bankruptcy can be a useful tool and may save you from a life mired in debt. Bankruptcy under chapters 7, 11, and 13 are available to both individuals and businesses, each with its own advantages and disadvantages.