Understand the differences between Chapter 11 and Chapter 13 bankruptcy, ... That’s why the Small Business Reorganization Act of 2019, which went into effect on Feb. 19, ...

Chapter 13 bankruptcy fees include court filing fees, attorney fees and trustee fees, as well as additional costs for ...

Generally, individuals may file either a Chapter 7 liquidation bankruptcy or a Chapter 13 reorganization bankruptcy, but the one that’s best for you depends on your needs and situation.

Chapter 13 is a U.S. bankruptcy proceeding in which debtors reorganize their finances to repay creditors within a period of three to five years.

In Chapter 13 bankruptcy, you and your attorney will work to prove your eligibility for a debt reorganization to a bankruptcy trustee, who administers the proceedings.

In 2015, some 297,000 people are expected to file Chapter 13 bankruptcies, the lowest number since 2006, according to the American Bankruptcy Institute, an industry group. But the vast majority ...

Discharge rate. This is a term that's used to describe the completion or success rate of a bankruptcy. In 2021, there were 288,327 Chapter 7 filings and 120,002 Chapter 13 filings in the U.S.

Generally, individuals may file either a Chapter 7 liquidation bankruptcy or a Chapter 13 reorganization bankruptcy, but the one that’s best for you depends on your needs and situation.

Chapter 13 bankruptcy, on the other hand, is sometimes called reorganization bankruptcy. Instead of wiping out your debts immediately, filing for this type of bankruptcy sets up a repayment plan ...

According to a recent study, of the small business debtors that have filed Chapter 11 bankruptcy from 2008 to 2015, only around 27% of those companies successfully confirmed a reorganization plan.