Will bankruptcy stop a judgment?
June 22, 2017Who can use Chapter 13?
June 22, 2017Our Professional Answer
Figuring out which bankruptcy to file is very difficult. Chapter 7 is a liquidation, it can be filed by everyone and all businesses. Chapter 13 is an individual reorganization and Chapter 11 is a high-net individual reorganization or business reorganization. Typically, you need to consult a financial bankruptcy professional, in order to determine which is right for you.
