CHAPTER 7 BANKRUPTCY
Chapter 7 Bankruptcy
is known as liquidation. If a debtor qualifies under certain criteria, they are able to file for Chapter 7 bankruptcy. In most instances, debtors can keep all their property, and all qualified debt can be discharged. Filing for Chapter 7
can be daunting and emotional, but in some cases, it truly does offer the relief that allows people who are feeling crushed under massive debt to get back on track.