Tag: Social Security Act

Bankcrupty Chapter 7 text on Document form and Gavel isolated on office desk

The provisions seem inconsistent. Retirement plans arise at two stages in the bankruptcy process.  The first, and the topic of most immediate controversy, is determining whether the applicant qualifies for the cheap and fast Chapter 7 liquidation protection or is required to follow the more demanding Chapter 13 reorganization procedure.  The second, which may perplex…