Safeguarding Your Interests After Declaring Bankruptcy
Since 2020, over 500,000 Americans and companies filed for bankruptcy, which was a significant drop from the previous year. There are many ways to apply for bankruptcy, namely in Chapters 7 and 13. Each type has unique benefits and drawbacks that may not suit everybody's financial situation. Chapter 13 bankruptcy gives you additional time to pay back your debts, but it does not reduce the amount of money you owe the debtors.
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