Krekelberg
Law Firm

The legal procedure that can provide relief to individuals and businesses struggling with overwhelming debt. There are several types of bankruptcy filings, but the two most common types are Chapter 7 and Chapter 13.

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Bankruptcy

Bankruptcy – The legal procedure that can provide relief to individuals and businesses struggling with overwhelming debt. There are several types of bankruptcy filings, but the two most common types are Chapter 7 and Chapter 13.

  • Chapter 7 – liquidation of assets to repay creditors.
  • Chapter 13 – reorganization of debts to repay creditors.