Chapter 7 vs. Chapter 13 Bankruptcy

We’ll help you choose between filing Chapter 7 or Chapter 13

Both Chapter 7 and Chapter 13 bankruptcy help you overcome debt challenges, but they have unique approaches in how they do it.  Whether you should file Chapter 7 or 13 depends on 1) Your income 2) Your assets, and 3) Your goals for eliminating debt. The image below shows the main differences between the two types of bankruptcy.

Chapter 7 and 13 both have benefits to help you eliminate debt

Benefits of Chapter 7 Bankruptcy

• Get rid of all unsecured debt (credit cards, medical bills, etc)
• Only takes 3-5 months to complete the process

Benefits of Chapter 13 Bankruptcy

• Allows you to keep your assets instead of losing them
• Creates a manageable debt payment plan that lasts 3-5 years

Start Your Free Chapter 7/13 Evaluation

Coleman can help you decide between Chapter 7 and Chapter 13

Our bankruptcy attorney can explain the two types in greater detail and help you decide which one is your best option. Start by getting a Free evaluation.

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Have you filed bankruptcy in the last 8 years? *

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Do you own or are you buying a home? *

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What type of bills do you have? (check all that apply) *

Credit Cards

Medical Bills

Income Taxes

Home Mortgage

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What is your monthly income? * Less than $500 $500-$1,000 $1,000-$1,500 $1,500-$2,000 $2,000-$2,500 $2,500-$3,000 $3,000-$4,000 $4,000-$5,000 More than $5,000

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What is your estimated amount of total debt (Ex: $20,000) *

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