Sentences with phrase «second type of bankruptcy»

In the second type of bankruptcy, Chapter 13, you must follow a strict plan in which you repay some or all of your debt within a three - to five - year period.

Not exact matches

That's because there are rules restricting when you can file for a second bankruptcy, which differ depending on the type of filing.
Chapter 13 bankruptcy, also known as debt reorganization, is the second most common type of bankruptcy for consumers.
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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