Interviewer: What are the some of the common misconceptions about Chapter 13 that you have to dispel to people?
Brad Weil: There’s not a lot of misconceptions, a lot of people don’t know the difference between the chapters and a lot of that is education. A lot of people don’t come in with a misconception about Chapter 13. Sometimes, they’re confused Chapter 13 which chapter is that in and Chapter 11; those are the three big chapters for individuals; 7, 13 and 11. The biggest difference on the 13 is that 13 is one of the two re-organization chapters, chapter 13 and chapter 11 are re-organization. Chapter 7 is liquidation.