Our Financial Terms Glossary will allow you to discover the most typical monetary

Chapter 11 Bankruptcy: a type that is complex of often filed by companies that need to restructure their debts.

Chapter 12 Bankruptcy: a kind of bankruptcy designed for farmers and fishermen. Much like Chapter 13 bankruptcy however with several unique advantages.

Chapter 13 Bankruptcy: a form of bankruptcy where in fact the customer need to pay down a few of their debts in the long run. Chapter 13 bankruptcy filing records stick to your credit history for 7 years through the release date or ten years through the filing date in case it is maybe not released. Each account contained in the filing shall stick to your report for 7 years. Plus »