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Differences Between Chapter 7 and Chapter 13 Bankruptcy

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Losing control of your financial health is not pleasant, but it is a reality that many people face each day. As of March 2017, an estimated 770,901 non-business owners filed bankruptcy. With this number in mind, you should not be embarrassed about your need to file bankruptcy. Whether you have lost income due to layoffs or an injury or you have accrued an excessive amount of debt that you are unable to afford, bankruptcy could be the right option for you.

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