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LegalCornerTM - Law By Subject - Chapter 7 - Liquidation Bankruptcy

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Chapter 7 - Liquidation Bankruptcy

Under the new bankruptcy law established in 2005, it is more difficult for some people to eliminate their debts through a Chapter 7 bankruptcy. This section explains who qualfies for the Chapter 7 Bankruptcy, the Means Test, how a Chapter 7 Bankruptcy works, and what debts can and will be eliminated through a Chapter 7 Bankruptcy.

What is a Chapter 7 Bankruptcy?
Do I need an attorney to file Chapter 7 Bankruptcy?
Does the New Bankruptcy Law make it more difficult to file a Chapter 7 Bankruptcy?
Who is eligible under the new bankruptcy law to file a Chapter 7 Bankruptcy?
.What's the difference between a Chapter 7 Bankruptcy and a Chapter 13 Bankruptcy?
What is a Chapter 7 discharge and how do I get one?
Who can file for a Chapter 7 bankruptcy?
When is a Person Not Eligible For A Chapter 7 Discharge?
When will a Chapter 7 bankruptcy petition be denied?
In a Chapter 7 bankruptcy, what debts are NOT dischargeable?
More FAQs...

Introduction to Chapter 7 Bankruptcy


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