Chapter 7 liquidates non-exempt assets; Chapter 13 sets up a repayment plan. Bankruptcy stays on credit reports for 7–10 years.
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Talk to Auri →A legal process for individuals or businesses that can't repay their debts.
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Chapter 7 liquidates non-exempt assets; Chapter 13 sets up a repayment plan. Bankruptcy stays on credit reports for 7–10 years.
Ask Auri — your AI budgeting coach — how this fits your money habits.
Talk to Auri →