Chapter seven bankruptcy is commonly named “liquidation” bankruptcy. Men and women generally opt for this chapter when they do not have sufficient cash flow to repay their debts. Most debts in Chapter seven are eliminated and wholly discharged.
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Subsequent, the court will timetable a meeting of creditors where you’ll satisfy Together with the trustee to answer some inquiries (extra on this before long). At the least seven days before the creditors’ meeting, you have to give your trustee your last two several years of f
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Your attorney will establish whether you move the Chapter seven indicates check and they are qualified for Chapter seve