Chapter 7 vs. Chapter 13: Which Bankruptcy Option Is Best for You? – Sean Pyles

Bankruptcy is one of the fastest and most effective ways to find debt relief. Most consumers who follow this path will file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. Which is best depends on the individual’s assets and financial goals. To help you understand the difference between Chapter 7 and Chapter 13 bankruptcy, here’s…

Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com. Twitter: @SeanPyles.

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