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  2. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    The new legislation also requires that all individual debtors in either chapter 7 or chapter 13 complete an "instructional course concerning personal financial management." If a chapter 7 debtor does not complete the course, it constitutes grounds for denial of discharge pursuant to new . The financial management program is experimental and the ...

  3. Chapter 7, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_7,_Title_11...

    Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]

  4. Personal bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Personal_bankruptcy

    In 2008, more than 96% of all bankruptcy filings were non-commercial and about two-thirds of these were chapter 7 cases. [3] Although the individual causes of bankruptcy are complex and multifaceted, most personal bankruptcies involve significant medical bills. [4] Individual bankruptcies are usually filed under chapter 7 or chapter 13.

  5. Common types of bankruptcy and how to avoid filing - AOL

    www.aol.com/finance/common-types-bankruptcy...

    Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

  6. How soon can you file Chapter 13 after Chapter 7 bankruptcy?

    www.aol.com/finance/soon-file-chapter-13-chapter...

    Filing Chapter 7 after Chapter 7: Eight years. Filing Chapter 13 immediately after Chapter 7 is also referred to as Chapter 20 bankruptcy. You won’t receive a discharge when filing Chapter 20 ...

  7. Getting a mortgage after bankruptcy: What you need to know - AOL

    www.aol.com/finance/getting-mortgage-bankruptcy...

    There are two main types of bankruptcy: Chapter 7 and Chapter 13. The former is the most common type, and it involves a liquidation of your assets, which go towards discharging most or all of your ...

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