Chapter 7 vs. Chapter 13 Bankruptcy

While both Chapter 7 and Chapter 13 bankruptcy are effective tools in helping to fix a bad financial situation, there are many differences between the two. The main difference is that with a Chapter 7 bankruptcy you get an immediate discharge of debt, usually within four months. Chapter 13 bankruptcy is a repayment plan that covers three to five years. For more information about Chapter 7 vs. Chapter 13 and whether bankruptcy is right for you, consult with one of our experienced bankruptcy lawyers.

Dedicated, Experienced Chapter 7 & Chapter 13 Representation

Considering filing for bankruptcy? At The Roll Law Office, PLLC, we are dedicated to helping people get out from under debt and put an end to creditor harassment and suffocating financial debt.

To find out more about the comparison between Chapter 7 and 13, call toll free 866-603-1533. You can also send us an e-mail to schedule a free initial consultation with our experienced Tempe Chapter 7 & 13 bankruptcy attorney.

Differences Between Chapter 7 and 13

Here are the main differences between Chapter 7 bankruptcy and Chapter 13 bankruptcy:

Chapter 7 bankruptcy is often referred to as "straight" bankruptcy since it discharges debt almost immediately.
Only unsecured debt is discharged in Chapter 7 bankruptcy.
Chapter 13 bankruptcy includes all creditors and not just unsecured debts.
Chapter 13 is often referred to as "debt reorganization" bankruptcy as debt is reorganized into a payment plan.
Chapter 7 bankruptcy requires the debtor to qualify under a bankruptcy means test.
Those who don't qualify for Chapter 7 usually file for Chapter 13.
Those with a steady stream of income are generally best suited for Chapter 13.

Free Initial Consultation: Contact a Tempe Bankruptcy Lawyer

To learn more about differences between Chapter 7 and 13, please contact us today to set up a free initial consultation with an experienced bankruptcy lawyer. We look forward to discussing with you how bankruptcy or debt negotiation can help you put an end to your worries.

We are a debt relief agency. Our lawyers help people file for bankruptcy relief under the Bankruptcy Code.

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Tempe
Broadway and the 101
The Roll Law Office, PLLC
2151 East Broadway Road
Suite 216
Tempe, AZ 85282
Telephone: 480-314-5505
Tempe Office Location

Mesa
Higley and US 60
The Roll Law Office, PLLC
1423 South Higley Road
Suite 112
Mesa, AZ 85206
Telephone: 480-314-5505
Mesa Office Location

Scottsdale
Shea and the 101
The Roll Law Office, PLLC
9375 East Shea Boulevard
Suite 100
Scottsdale, AZ 85260
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Scottsdale Office Location

Phoenix
Downtown Phoenix
The Roll Law Office, PLLC
40 North Central Avenue
Suite 1400
Phoenix AZ 85004
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Phoenix Office Location

Arrowhead
51 ^st Avenue and the 101
The Roll Law Office, PLLC
20325 North 51st Avenue
Suite 134
Glendale, AZ 85308
Telephone: 602-253-5505
Arrowhead Office Location

Westgate
Glendale Avenue and the 101
The Roll Law Office, PLLC
6751 Sunset Blvd.
Suite 320
Glendale, AZ 85305
Telephone: 623-939-5505
Westgate Office Location

White Mountains - Show Low
Just South of the Deuce of Clubs
240 N. White Mountain Road
Suite A
Show Low, Arizona 85901
Phone: 928-213-5505
Show Low Office Location

The Roll Law Office, PLLC represents clients throughout Arizona, including Apache Junction, Avondale, Chandler, El Mirage, Gilbert, Glendale, Lakeside, Mesa, Paradise Valley, Peoria, Phoenix, Scottsdale, Show Low, Surprise, Tempe and other communities in Apache County, Gila County, Maricopa County, Navajo County and Pinal County.