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What Is Bankruptcy?

For individuals facing financial difficulties, bankruptcy may offer a path to finding relief from overwhelming debt. However, there are different kinds of bankruptcies and some are available only in specific circumstances. In this section, you can find information on the basics of what bankruptcy is, the differences between Chapter 7 and Chapter 13 bankruptcy, and answers to common questions about bankruptcies. Additionally, this section contains articles detailing the specific benefits provided by the different types of bankruptcies, along with their limits. To get started, please select one of the links below.