Difference Between Loan and Mortgage

Things like a loan and mortgage have become so commonplace in modern settings that even the distinction between the two has become muddled. Both are common forms of liabilities and can come in types as well. Here, we will discuss the difference between a loan and mortgage Loan A loan is finances, property or other … Read more Difference Between Loan and Mortgage

Difference Between Chapter 7 and Chapter 13 Bankruptcy

Chapter 7 and Chapter 13 bankruptcy are only two of the four bankruptcy options that one can choose from in the United States. They are options when an entity is no longer able to pay for their liabilities. Here are the differences between chapter 7 and chapter 13 bankruptcy. Chapter 7 bankruptcy, also called liquidation … Read more Difference Between Chapter 7 and Chapter 13 Bankruptcy

Difference Between Chapter 7 and Chapter 11 Bankruptcy

In the United States, there are different options when it comes to settling liabilities. In the instance that an entity is unable to pay for their debts using their present cash, they have the option of filing for bankruptcy. Chapter 7 and 11 bankruptcy are only two of the alternatives an entity may have. We … Read more Difference Between Chapter 7 and Chapter 11 Bankruptcy