Chapter 7 Bankruptcy, sometimes called a fresh start, is a liquidation proceeding for both individuals or businesses hopelessly mired in debt and possibly facing foreclosure. All non-exempt property of the debtor is turned over to the bankruptcy trustee. If there are substantial assets the trustee converts those to cash and distributes it to the debtor’s [...]
Tag Archives: Bankruptcy Chapter 7
Chapter 7 vs. Chapter 13 Bankruptcy?
Chapter 7 Bankruptcy, sometimes called a fresh start, is a liquidation proceeding for both individuals or businesses hopelessly mired in debt and possibly facing foreclosure. All non-exempt property of the debtor is turned over to the bankruptcy trustee. If there are substantial assets the trustee converts those to cash and distributes it to the debtor’s [...]
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Mints Mexican Money Mishap: Evil Anti Immigrant Infographic?
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Many in need don’t file BK
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NJ Reality Star Files Bankruptcy
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The Social Security Situation
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BP Bankruptcy Looming?
