Chapter 7 vs. Chapter 13 Bankruptcy
Long Island Bankruptcy Lawyer
The goal of either a Chapter 7 or Chapter 13 bankruptcy is essentially the same: the elimination of all eligible debt. This is referral to as a “discharge.” Determining what you qualify for and which option you should choose is vital when dealing with financial difficulties. The Law Offices of Stephen P. Gelfand, P.C. can offer you the information and advice that is relevant to your particular case and help you make an informed choice about Chapter 7 versus Chapter 13 and whether to file for bankruptcy in the first place. Remember, each case is different.
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