Bankruptcy

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Bankruptcy Basics

This video from South Carolina Legal Services explains the basics of Chapter 13 bankruptcy.

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy

Chapter 7 refers to straight or liquidated bankruptcy. Under Chapter 7, a debtor (or husband and wife debtors) files a petition for relief, which automatically entitles the debtor to a court order protecting the debtor from the people or businesses to whom he owes money, who are called "creditors."

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy

This video from South Carolina Legal Services explains the basics of Chapter 13 bankruptcy.

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