Chapter 7 vs. Chapter 13 Bankruptcy

A side-by-side look at how these two bankruptcy chapters differ, to help you understand the basics before speaking with an attorney.

Topic	Chapter 7	Chapter 13
General Structure	Discharge-focused	Repayment / reorganization
Typical Duration	Generally shorter	Generally 3–5 years
Repayment Plan	Generally no	Yes
Eligibility	Subject to requirements	Subject to requirements
Property Considerations	Exemption / equity analysis	Different retention / plan considerations
Attorney Evaluation Required	Yes	Yes

Only a licensed attorney can advise a consumer which bankruptcy chapter is appropriate for their individual circumstances.

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