Tag - How to Qualify for Chapter 7 Bankruptcy

What is Chapter 7 Bankruptcy and How Do I Qualify?

What is Chapter 7 Bankruptcy and How Do I Qualify?

Unlike Chapter 13 bankruptcy, Chapter 7 bankruptcy is filed when you need to wipe out all your debts right away. Most people choose this type of bankruptcy when they are desperate and have no other option. While chapter 7 bankruptcy can help you escape your debts, filing for this type of bankruptcy comes at the cost of losing some of your property and financial assets. Making this decision is not always easy and some people benefit from the guidance of [...]

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