Legal Question in Bankruptcy in Florida
bankruptcy
at what point would you say bankruptcy is an option and which is better 11 or 7
Asked on 12/09/08, 3:13 pm
1 Answer from Attorneys
Kelly Papa
Law Office of Kelly Papa
Re: bankruptcy
You are comparing apples to oranges really. Chapter 11 is generally for businesses. Chapter 7, for individuals. What you are probably wondering is which is better, 7 or 13. Before one can say which is better, you would have to state your goals. Do you have a home? A Car? What is the debt you want to discharge?
Answered on 12/09/08, 8:55 pm
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