Reaffirmation Agreements in Chapter 7 Bankruptcy

Admin on February 28, 2016 Posted in Blog, Chapter 7 Bankruptcy

The biggest difference between Chapter 7 and Chapter 13 bankruptcy is the ability to keep property that is subject to a lien, such as a home or car. In Chapter 13 bankruptcy, this property can usually be retained subject to a repayment plan if the debtor has a high enough qualifying income. In Chapter 7 […]