Bankruptcy Basics Attorney in Kansas City, Missouri

Can you briefly describe the different types of bankruptcy?

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For my clients Chapter 7 and Chapter 13, those are the consumer-oriented cases. There’s Chapter 11, which a consumer could file but they’re extremely expensive and you normally see that for wealthy individuals or corporations. There’s Chapter 12, which are for farmers or fishman. You’ve got chapters for municipalities and foreign corporations all sorts of stuff, but we exclusively work with Chapter 7 and the Chapter 13.

Kansas City, KS bankruptcy attorney Tracy L. Robinson describes the different types of bankruptcy.

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