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Bankruptcy Questions

What is the difference between Chapter 7 and Chapter 13 bankruptcy?

Chapter 7 and Chapter 13 are two different types of bankruptcy that individuals can file for in the United States. The main differences between the two are: Eligibility: To be eligible for Chapter 7 bankruptcy, an individual must pass a means test, which compares their income to the median income of their state. If their …

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Matt McCune Attorney at Law

Chapter 13 Bankruptcy Explained in 2 Minutes (VIDEO)

Colorado Bankruptcy Attorney Matt McCune briefly explains Chapter 13 Bankruptcy in this short video. TRANSCRIPT OF VIDEO: Let’s talk about Chapter 13 bankruptcy. Chapter 13 is a fairly complicated chapter of the bankruptcy code. The bankruptcy code calls chapter 13 a “reorganization.” Chapter 13 has incredible value for people that are struggling with their debts, …

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