Bankruptcy Explained: Chapter 7 vs Chapter 13 (What They Don’t Tell You)

Are you considering bankruptcy but don’t know where to start? In this video, California bankruptcy attorney Martha Warner (40+ years of experience) breaks down the most frequently asked questions about Chapter 7 and Chapter 13 bankruptcy, how to qualify, the pros and cons, and how long the process takes.

This is the first installment in our FAQ series — check the links below for parts 2 and 3. Whether you’re facing overwhelming debt, medical bills, or lawsuits, you’ll discover practical answers that can help you make informed decisions.

Median Income Website: https://www.justice.gov/ust/eo/bapcpa...

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0:00 Introduction
0:41 What is Chapter 7?
1:31 What is Chapter 13?
2:27 How do I qualify for bankruptcy?
3:44 Pros and cons of filing bankruptcy
4:58 How long does bankruptcy take?
6:21 Wrap up and next steps