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

By
Title Company 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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Topic:
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Tags:
bankruptcy
chapter 7
chapter 11
chapter 13

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Rainmaker
431,392
René Fabre
New Media Marketing
First American Title

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

February 07, 2012 06:40 PM
Rainmaker
760,018
David Spencer
Chicago Area Commercial-Residential R.E.
Keller Williams Team Realty

Very good explanation of the process.

February 07, 2012 06:47 PM
Rainmaker
27,848
Matt Sweet
Ticor Title

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.    

February 07, 2012 07:31 PM
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Matt Sweet

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Additional Information

I'm the tech director of sales and marketing for Ticor title in Washington state. I integrate technology into the sales process and tell our story via digital media channels.

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Ticor Title

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