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    • About Our Firm
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liquidation

Chapter 7 vs. Chapter 13 Bankruptcy: Liquidation or Reorganization?

BankruptcyBy Joe OrensteinApril 27, 2014

In considering the benefits and drawbacks of filing for bankruptcy, the decision as to which type of bankruptcy to file is extremely important. Below is a basic primer on the two main forms of consumer bankruptcy: Chapter 7 Bankruptcy under Chapter 7 is what attorneys and others frequently call “liquidation” bankruptcy. The primary benefit of…

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