Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.
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What Is Chapter 7 Bankruptcy and How Does It Work?
Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...
Homestead exemptions offer exceptions to financial claims on your primary residence. Homeowners filing for bankruptcy may be able to use a homestead exemption to shield the home’s equity from ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
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