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What's the difference between chapter 7 & 13 bankruptcy?

Alford & Bertrand, LLC

The chapter seven bankruptcy is a much shorter process which involves the filing of a bankruptcy participation, a meeting with a trusty and a subsequent discharge of dept. A chapter thirteen bankruptcy is a process which can last any where from three to five years and involves the repayment of at least part of your dept. I'm Stewart Alford a bankruptcy lawyer with the law firm of Alford and Bertrand I have been practicing bankruptcy law for almost twenty year's.

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attorney: Alford & Bertrand, LLC