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Four. Chapter 7 BK is a total liquidation of debts and available to individuals and businessess. Chapter 13, is a consolidation/repayment action and available to individuals and small businesses. Chapter 11 is a consolidation/repayment action and used by large businesses/corporations. Chapter 12 is a consolidation/repayment action used by farmers and private individuals in the fishing industry (fishermen/women).
Wiki User
∙ 18y ago
Wiki User
∙ 10y agoThere are five different types of bankruptcy including individual bankruptcy for liquidation or debt, farming bankruptcy, municipal bankruptcy, and corporation bankruptcy.
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bankruptcies near me?
bankruptcies near me
What are the Chapter 13 laws about generally speaking?
Chapter 13 laws are the laws that govern bankruptcies. These are different than Chapter 7 bankruptcies because these have a repayment plan by which you repay your creditors.
How often can one file bankruptcy for businesses?
The first step in filing bankruptcy for any business is to speak with a bankruptcy lawyer. There are many different types of bankruptcies and one needs to know which one to file before anything else can be done.
What is the plural of the word bankruptcy?
Bankruptcies
Do different types of rock make different types of glass?
yes, different types of rock probably do make different types of glass
What is the plural of bankruptcy?
The plural of bankruptcy is bankruptcies.
How long does a bankruptcy remain on a credit report?
Depends on the state/province, and country, and the individual credit agency. And additional bankruptcies will stay on longer At least 6 years, up to 10 years for first bankruptcies, and 14-20 years for additional bankruptcies
Are there different types of fish gills?
yes there are different types of gills in different types of fishes.
How many bankruptcies occur from lack of medical insurance?
No really accurate statistics can exist, because the cause of financial failure can be considered many different things by your own definition of things. However, it is well agreed that a large percent of personal bankruptcies are due to medical problems and costs, with or without insurance.
Information about different types of houses?
different types
What are the different products we get from different types of trees?
different products we get from different types of trees
What are the different types of mainframe systems?
what are some different types of mainframes
