-
What are the different Types of Bankruptcy?
Friday, November 17th, 2017If you’re thinking about filing for bankruptcy, you may be wondering about the different types of bankruptcy under United States law. There are 5 distinct types of bankruptcy according to U.S. Bankruptcy Code. Following is a short description of each of these 5 types. Chapter 7 The most commonly used type of bankruptcy in the… Read more »
-
5 Most Common Questions about Bankruptcy
Friday, November 10th, 2017Brooklyn Bankruptcy – Common Questions 5 most commonly asked bankruptcy questions provided by Ursulova Law Offices. What is the difference between Chapter 7 and Chapter 13 bankruptcy? Chapter 7 bankruptcy, also known as a ‘liquidation’ is designed for those persons who will have no way to repay their debts in the future. Chapter 13 bankruptcy,… Read more »
