If you fall into three situations, Chapter 13 may be a better fit for you. Individuals having financial problems have two types of bankruptcy to choose from-Chapter 7 and Chapter 13. Most people assume that Chapter 7 is the better fit for them, since it is filed more often. However, this is not always the case. In reality, there are three primary situations where filing Chapter 13 bankruptcy would potentially be a better fit. Foreclosure is imminent Most people that are at risk of … [Read more...]