View Single Post
Old 06-27-2012, 12:23 PM  
sarettah
see you later, I'm gone
 
Industry Role:
Join Date: Oct 2002
Posts: 14,269
Quote:
Originally Posted by EddyTheDog View Post


Is Chapter 13 bankruptcy?
Yes, chapter13 is a bankruptcy where you pay back all your debts. You are just under court protection to keep the creditors from hassling you.

Chapter 7 is what most people think of as bankruptcy where you get to keep the house and maybe a car but you give up any other assets and your debts are totally cleared.

.


hunerd lowlife scamming motherfuckers
__________________
All cookies cleared!
sarettah is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote