Chapter 11 vs Chapter 7 Bankruptcy
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diffen.com
Chapter 11 vs Chapter 7 Bankruptcy
Depending on the type, or 'chapter,' of bankruptcy, debts are treated differently. In Chapter 11 bankruptcy, debts are restructured in a way that debt repayment becomes more achievable. In Chapter 7 bankruptcy, which is the most common form of bankruptcy,
Jan 28, 2010
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