Bankruptcy Filing for Chapter 7


Learn About Filing for Chapter 7

 

In order to file for Chapter 7 bankruptcy you must meet certain eligibility requirements.

 

A step-by-step guide to the Chapter 7 process. Learn about what steps to take and when to take them, including filing the bankruptcy petition, paying administrative fees, meeting with creditors, and more.

 

If you’re considering filing for Chapter 7 bankruptcy, it’s helpful to weigh the pros and cons. This article offers an explanation of the advantages and downsides of Chapter 7 liquidation.

While in a Chapter 7 bankruptcy most of the debtor’s property is sold off to pay creditors, there are certain exceptions. Learn about the types of property that may be exempt in a Chapter 7 case.

While both Chapter 13 and Chapter 7 are aimed at alleviating debt, the requirements and processes involved are very different. Learn about the differences between the two forms of bankruptcy, including eligibility requirements and repayment vs. liquidation.

A helpful checklist of 10 steps you’ll need to complete in order to successfully exit Chapter 7 bankruptcy. This article offers brief descriptions of crucial steps in the bankruptcy, including the filing, meeting with creditors, and more.

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