Fort Lauderdale Bankruptcy Attorney Robert Stiberman discusses bankruptcy. Did you know that there are six different types of bankruptcies: Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13, and Chapter 15. Chapter 7 is called a liquidation bankruptcy and it is the one that people file the most. Chapter 13 is a reorganization bankruptcy most commonly filed to protect property and to get caught up on mortgages, HOA dues, and property taxes. Chapter 11 is hear in the news a lot and it is filed by businesses seeking to reorganize their debts and stay afloat and also by individuals who may not necessarily qualify for chapter 13. Bankruptcy was enacted by Congress and is governed by the Federal Rules of Bankruptcy Procedure and local rules of the court where the case is filed. It is designed to give the filer fresh start. Speak to a bankruptcy lawyer to explain the differenced between the bankruptcies in more detail and which applies to your case. https://g.page/r/CXyZasO3SG5UEAE https://www.facebook.com/MrBankruptcy