08/20/2026
What is the difference between Chapter 7 and Chapter 13 bankruptcy?
Our latest article explains how the chapters differ regarding repayment plans, income, property, secured debts, timing, and discharge—and why Louisiana exemptions and individual circumstances matter.
Read the article: https://bickhamlaw.com/chapter-7-vs-chapter-13-bankruptcy-in-louisiana-key-differences-to-understand/
This post provides general information and is not legal advice.
Chapter 7 and Chapter 13 are the two bankruptcy chapters most often considered by individuals. Both are federal court proceedings, but they address debt in different ways. The appropriate chapter depends on income, property, secured debts, recent financial activity, prior cases, and the goals a pers...