Legal Question in Bankruptcy in Ohio
Chapter 7 & 13 bankruptcy
What is the difference between ch.7 &13, and how does it affect me trying to purchase a used car. Which chapter pertains to a person who's unemployed?
1 Answer from Attorneys
Unemployed - Chapter 7 or 13?
If you are unemployed, you will be uanble tofund a Chapter 13 Plan as it is generallyfunded by wage deduction. Also, if you arein a Chapter 13, you should be unable to buyanything major because all of your disposableincome will be spent on the Chapter 13 Plan.
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