Chapter 20 bankruptcy : What is it and how to file

Chapter-20-bankruptcy-What-is-it-and-how-to-file

You have come across the term “filing for bankruptcy at 20” many times especially in items dealing with debt. Amusingly, there is no chapter 20 in bankruptcy laws. The process of filing in chapter 7 followed by chapter 13 is collectively known as chapter 20 bankruptcy. What is not possible by chapter 7? Chapter 7 is … Read more