How does Chapter 13 bankruptcy differ from Chapter 7 bankruptcy?

A. Individuals keep their assets after Chapter 13 bankruptcy reorganization occurs.
B. Individuals lose their assets after Chapter 13 bankruptcy reorganization occurs.
C. Individuals’ credit reports are not impacted when Chapter 13 bankruptcy is filed.
D. Individuals’ credit reports are impacted less when Chapter 7 bankruptcy is filed.

D. Individuals' credit reports are impacted less when Chapter 7 bankruptcy is filed.