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Bankruptcy

: The Debt Podcast

Bankruptcy: What is Chapter 13 Bankruptcy?

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Chapter 13 bankruptcy requires you to make monthly payments to your creditors for up to five years. In contrast, chapter 7 bankruptcy lets you get out of paying almost all of your debts after just 4 months.  Why would anyone want to file bankruptcy under chapter 13? Sometimes, chapter 13 bankruptcy is required.  Congress [...]

Full post as published by The Debt Podcast on April 13, 2010 (boomark / email).

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