U.S. News Money: Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You?

Understanding the Context

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on. CBS News: What's the two-year rule for Chapter 13 bankruptcy and how does it impact borrowers? When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...

Key Insights

What's the two-year rule for Chapter 13 bankruptcy and how does it impact borrowers? CBS News: What are the downsides of filing for Chapter 13 bankruptcy? CBS News: What happens if you fail the Chapter 7 bankruptcy means test? Chapter's licensed advisors offer free, unbiased Medicare help. Compare every Medigap, Medicare Advantage, and Part D plans to find the best plan for you.

Final Thoughts

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CHAPTER definition: 1. any of the separate parts into which a book or other piece of text is divided, usually given a…. Learn more. Chapter is the only Medicare advisor in the country that compares every Medicare plan from every insurance company.