My name is Jonathan Simon. I'm a licensed attorney in Arizona, practicing bankruptcy with the Bornmann Law Group. I'm here to answer all your bankruptcy needs and questions. Chapter 7 and Chapter 13 Bankruptcy are different. First of all, because they deal with different parts of the Bankruptcy Code. In Chapter 7 Bankruptcy, a trustee is appointed to oversee your case, gather all your assets and liquidating those assets, if needed. However, with the majority of cases that we see, no assets are actually liquidated and you don't lose any of your property. In a Chapter 13 case, the trustee creates a payment plan, where you'll repay your creditors a certain portion of the debt that they were owed within a spread and span of three to five years. br br The Bornmann Law Group br Mesa Bankruptcy Law Office br 1731 W. Baseline Rd. br Suite #100 br Mesa, AZ 85202 br (480) 263-1699 br br Glendale Bankruptcy Law Office br 20325 N. 51st Ave., Suite #134 br Glendale, AZ 85308 br (623) 640-4945 br br Tucson Bankruptcy Law Office br 2 East Congress St. Ste.