There are three primary types of bankruptcy, but only two apply to consumers (Chapter 11 is for corporations). This is the most favorable option if you qualify. With a Chapter 7, your unsecured ...

There are actually six types of bankruptcy: Chapter 7, Chapter 9, Chapter 11, Chapter 12 ... means test determining that you truly do need to declare bankruptcy, and the rules for who is eligible ...

Investopedia / Ryan Oakley When you declare ... bankruptcy types for various situations. For example, Chapters 7 and 13 are the most common types available to individuals, while Chapter 11 ...

Before filing for bankruptcy, individuals are required to attend credit counseling. Chapter 7 bankruptcy is quicker and cheaper to file than Chapter 13, but not everyone qualifies. If you have any ...

Businesses or individuals can declare bankruptcy ... right type of bankruptcy requires careful consideration. The most common types of bankruptcies are Chapter 7, Chapter 11, and Chapter 13.

He admits that "it depends" isn't a very satisfying answer. But deciding whether to declare bankruptcy is a very personal decision, there's no right or wrong answer and it really does depend on ...