Chapter 7 Facts

Chapter 7 Facts

Chapter 7 Facts: Chapter 7 bankruptcy helps people get out of debt while keeping most or all of their personal belongings and other assets. It is generally the quickest and simplest chapter and is typically completed in four to six months. Unlike a Chapter 13, a...
“No Asset” Chapter 7 Bankruptcy

“No Asset” Chapter 7 Bankruptcy

Chapter 7 bankruptcy erases all or most of your debts, without a repayment plan, and in general, allows you to keep most or all of your assets and other belongings. When you file for bankruptcy it creates a “bankruptcy estate,” which is your interest in your property...

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