If you are struggling with overwhelming debt in New Jersey, you may be considering bankruptcy as the only way out. If so, you likely have many questions about Chapter 7 versus Chapter 13 so you can make an informed decision as to which one is right for you.
While Chapter 11 bankruptcies are normally utilized by businesses, individuals can also pursue this option. Doing so takes a bit of work however, as Chapter 11 can be more complicated than Chapter 7 or 13, which most people go for when filing for bankruptcy. Debt.org explains what you need to know if you choose this debt relief option and how you can ensure the best possible results.