Yes and no. No you cannot file for two types of bankruptcy at the SAME time. But yes you can file for chapter 7 bankruptcy if you were unable to complete chapter 13, which is very common. This can be...
Chapter 7 is a complete discharge of all dischargeable debts. Chapter 13 is a repayment plan of the debts under the bankruptcy court's supervision and protection.
None, in most cases. The 341 meeting, or meeting of creditors, held by the c. 7 trustee, is not a court hearing, and is usually the only event the debtor needs to appear for, to be examined by the...
Each state can set threshold equity values for types of assets when considering whether assets should be liquidated (rather then kept by the bankrupt party), and the bankruptcy courts usually adhere...