2006-10-31 01:22:06 · 3 answers · asked by jmpoct03 1 in Business & Finance ➔ Personal Finance
NO
2006-11-02 14:51:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes!
Chapter 13 is not actually "bankruptcy" in the true sense, as is chapter 7.
In chapter 13, one is merely "reorganizing their debts" in a more affordable payment method.
This is done by mutual agreement.
One is expected to pay off those debts, possibly with a lower payment and longer term.
Chapter 7 relieves ones responsibility for those debts that are incorporated into the filing.
2006-10-31 01:31:17 · answer #2 · answered by ed 7 · 0⤊ 0⤋
More here: http://finance.ebookorama.com
also plenty more to read here
http://credit.ebookorama.com
http://credit-cards.ebookorama.com
http://credit-repair.ebookorama.com
good luck!
2006-11-01 16:31:17 · answer #3 · answered by Anonymous · 1⤊ 0⤋