Question

question 9
which type of bankruptcy is faster to complete?
chapter 7 always
chapter 13 always
chapter 7, if you do not lose your home
chapter 13, if creditors accept your payment plan right away

Explanation:

Chapter 7 bankruptcy is a liquidation process that typically resolves in 3-6 months, as it involves selling non-exempt assets to pay creditors and discharging remaining eligible debts. Chapter 13 is a repayment plan that requires 3-5 years of consistent payments to creditors, making Chapter 7 consistently faster regardless of home retention or creditor plan acceptance.

Answer:

Chapter 7 always