Chapter 13 is the other
major type of bankruptcy that allows you to reorganize your debt without handing over any property.
The three
major types of bankruptcies are:
Not exact matches
This is an extraordinary survival mechanism if you are in danger, but if the stress continues over a long period
of time (let's say you are going through a divorce,
bankruptcy, the death
of a loved or some
type of major crisis) your adrenal glands will eventually become damaged from being so hyperactive.
There are two
major types of personal
bankruptcy protection — Chapter 7 and Chapter 13 — and both can crush your credit.
Almost all
types of unsecured debt are dischargeable in
bankruptcy: common examples include
major credit card balances, medical bills, and retail store accounts.
Second, know that
bankruptcy can address many
types of debt, and can play a
major part in getting a fresh financial start.
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