The Life Cycle Of Bankruptcy - Chapters 7, 11, and 13

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Title Insurance with Ticor Title

We've been hearing a lot lately about high-profile bankruptcies such as Kodak and Wonder Bread.  But for every bankruptcy mentioned in the media, there are countless personal bankruptcies filed.  And while most of us are familiar with the purpose of bankruptcy, many are unfamiliar with the actual process.  With that in mind we thought it would be beneficial for us to share the bankruptcy flow chart we use internally when examining real estate from the title insurance perspective.  

This graphic depicts the general life cycle of bankruptcy chapters 7, 11, 13.  

 

a graphical depiction of the bankruptcy process

This infographic can also be found with greater explanation on our blog post:  The Life Cycle of Bankruptcy

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Rainmaker
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René Fabre
First American Title - Seattle, WA
New Media Marketing

Hi Matt: Nice graph that illustrates very well what the overall process is. Thanks for sharing it.

Feb 07, 2012 06:40 PM #1
Rainmaker
826,692
David Spencer
Keller Williams Team Realty - Bloomingdale, IL
Chicago Area Commercial-Residential R.E.

Very good explanation of the process.

Feb 07, 2012 06:47 PM #2
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Matt Sweet
Ticor Title - Gig Harbor, WA

Thanks, Rene'!  If you squint your eyes, you'll see a happy face at the end of the process.  An early attempt on my part of subliminal marketing.  LOL!

 

Thank you, David!  Some things are just easier to understand when they presented visually as opposed to narratively.    

Feb 07, 2012 07:31 PM #3
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Matt Sweet

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