Chapter 7 Bankruptcy

By: Greenwood Law Firm PC  08/18/2014
Keywords: Bankruptcy, Bankruptcy Services, Attorneys Bankruptcy Law

*Commonly known as a "liquidation" bankruptcy. *Discharge entered 90 – 100 days after filing. *A Trustee is appointed over the case to identify and liquidate non-exempt assets. 99% of Chapter 7 cases are "no asset" cases - meaning that the Trustee assigned to the case does not take any of your property or possessions.

Keywords: Attorneys Bankruptcy Law, Bankruptcy, Bankruptcy Counseling, Bankruptcy Counseling And Education Services, Bankruptcy Services, Counseling & Bankruptcy Services, Credit & Debt Counseling Services, Credit Counseling & Bankruptcy Services, Credit Counseling Services, Law Financial & Bankruptcy

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Chapter 13 Bankruptcy

*Commonly known as a personal "reorganization" bankruptcy. *Make monthly payments to a Trustee according to a Chapter 13 Plan approved