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  2. Personal bankruptcies are up. When does it make sense to file?

    www.aol.com/personal-bankruptcies-does-sense...

    "In 7, you have to pay for your bankruptcy upfront. In Chapter 13 you pay your attorney in that 3- to 5-year plan," said Lawless. "If you're using 13 to pay your attorney feels that is generally ...

  3. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    Bankruptcy should be used as a last resort, and some alternatives, like credit counseling, may be necessary before you can file. You may also want to look into professional debt relief options ...

  4. Chapter 13 bankruptcy: What you need to know - AOL

    www.aol.com/finance/chapter-13-bankruptcy-know...

    Upon filing for Chapter 13 bankruptcy, you must submit a proposal for repaying all or part of your debt, which includes a detailed account of your income, expenses, debts and assets. The ...

  5. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    An individual who is badly in debt can typically file for bankruptcy either under Chapter 7 (liquidation, or straight bankruptcy) or Chapter 13 (reorganization).In some cases, options may also include Chapter 12 (family farmer reorganization) and Chapter 11 (reorganization of a company, or an individual debtor whose debts exceed the limits for a Chapter 13 filing). [2]

  6. 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.

  7. Thinking About Filing for Bankruptcy? It’s Worth Considering ...

    www.aol.com/finance/thinking-filing-bankruptcy...

    But filing for bankruptcy can be a long, expensive process, so it should be one of the last things to consider if you have debt. For one, it does cost money to file. You’ll often need to pay ...