Chapter 7 and Chapter 13 Bankruptcy Explained By Attorney Eric Stamps | Ohio

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Stamps & Stamps
3814 Little York Road
Dayton, OH 45414
(937) 326-2247
United States

The chapter 7 is a complete bankruptcy, where there is not going to be a monthly payment after the case is filed. It generally eliminates all the debts that are unsecured and then you would pay back any debts that were secured by property you want to keep. In the chapter 13, you are reorganizing your debts and making a monthly payment.

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