Chapter 7 Bankruptcy vs. Chapter 13 Bankruptcy
When people need to file bankruptcy, there are two types of bankruptcy commonly used to help eliminate, reduce or resolve a debt problem. Below we have created summary tables of why people choose one type of bankruptcy over the other. Please visit our Chapter 7 bankruptcy page and Chapter 13 bankruptcy page for more information related to each chapter.
Common Reasons People Choose Chapter 7 Bankruptcy:
Unable to pay credit card debt
Unable to pay medical bills
Living paycheck to paycheck and cannot pay certain debts
Facing collection lawsuits
Facing garnishments
Facing utility shut-offs
Facing creditor harassment
There may be other reasons to explore Chapter 7 Bankruptcy and it's best to consult with an experienced Chapter 7 Bankruptcy Attorney
VS
Common Reasons People Choose Chapter 13 Bankruptcy:
Facing Foreclosure
Have funds available to pay debts but not enough funds to pay the debts in full
Have property that would be taken in a Chapter 7 Bankruptcy
Facing delinquent taxes
Facing creditor harassment
Not eligible for a Chapter 7 Bankruptcy
There may be other reasons to explore Chapter 13 Bankruptcy and it's best to consult with an experienced Chapter 13 Bankruptcy Attorney

We are a debt relief agency that helps people file for bankruptcy relief pursuant to the Bankruptcy Code as well as helping people avoid bankruptcy when it is the more appropriate choice.