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The Differences Between Filing Chapter 7 and Chapter 13 Bankruptcy in Lebanon Missouri

The Differences Between Filing Chapter 7 and Chapter 13 Bankruptcy in Lebanon Missouri

by Paige Wright Typically, when people file bankruptcy, they file one of two different kinds of bankruptcy: Chapter 7 or Chapter 13. Chapter 7 is a liquidation bankruptcy. This means that you can discharge debts without payment to the court. However, if you have any non-exempt assets, or property, the property can be sold to …

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