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Basically a Chapt. 7 BK is the liquidation of debts and the forfeiture by the debtor of non exempt properties. There are certain debts that cannot be discharged in BK. A

Chapt. 13 BK allows the debtor to consolidate debts and make arrangements through the court for the repayment of such.

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Q: What is the difference between ch 7 and ch 13?
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Related questions

What difference between ch 7 and ch 13 bankruptcies?

Chapter 7 is a complete discharge of all dischargeable debts. Chapter 13 is a repayment plan of the debts under the bankruptcy court's supervision and protection.


Can you go from ch 13 to ch 7?

Yes, you can covert a chapter 13 to a chapter 7 and vice versa.


Can your trustee convert your Ch 7 to a Ch 13 if he decides that you will have enough money to make payments on a Ch 13 repayment plan in 10 months?

No. Once a chapter 7 bankruptcy has been discharged it is final.


What are the prime factors of 1729 arrange the factors in decreasing order and find the relationship between two consecutive prime factor?

1, 7, 13, 19, 91, 133, 247, 1729 The prime factors are 7, 13, 19


What is the difference between 10 and -3?

13


What is the range for 7 19 5 13 20 18?

15. It is the difference between 5 and 20.


What is the difference between 7 and 3?

The difference between 7 and 3 is 4.


What are two numbers with the sum of 20 and the difference of 6?

13 + 7 = 20 13 - 7 = 6


What is difference between 3 and -4?

7


What is the difference in a math question?

A "difference" is either the result of a subtraction (the difference between 7 and 5 is 7 minus 5), or its absolute value (so that the difference between 7 and 5 is the same as the difference between 5 and 7).


What the difference between 2 and - 7?

-5


In the series 2 7 13 20 28 Which number comes next?

37. The difference between the 1st and 2nd term is 5, the difference between the 2nd and 3rd term is 6, the difference between the 3rd and 4th term is 7, etc. The next term is +9 from the last term given.