Chapter 7 and Chapter 13
Chapter 7 : This chapter of the Bankruptcy Code provides for "liquidation" - the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.
Chapter 13 : This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.
Bankruptcy Attorney in Vancouver, Wa Mark A Carter, Attorney at Law - Vancouver, WA I will be your ally and advocate - working hard to achieve your goals every step of the way. Contact me to schedule a FREE initial consultation.
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