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In Chapter seven, the debtor's estate is liquidated under the policies in the Bankruptcy Code. Liquidation is the procedure through which the debtor's non-exempt assets is sold for money by a trustee along with the funds is dispersed to creditors.Case in point. Cheri done the main A part of the indicates check and located that she earned $15,000 a … Read More

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Meeting of creditors: Among 21 and 50 days following filing the petition, the trustee will host a gathering wherein creditors can discuss any concerns they've along with you.In Chapter seven, debtors really have to pass what’s often called a way Exam. To move, the filer will have to not Possess a residence money greater in comparison to the media… Read More

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