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The trustee's position would be to critique your finances and belongings and oversee your Chapter seven bankruptcy. They can promote specific assets the bankruptcy is not going to Permit you keep (nonexempt property) and use the proceeds to repay your creditors.Andrea practiced exclusively to be a bankruptcy attorney in shopper Chapter seven and Ch
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There are two most important kinds of bankruptcy: Chapter 7 and Chapter thirteen. The former is the most common sort, and it will involve a liquidation, that means most or your whole superb debt is discharged. A Chapter 7 bankruptcy will likely be accepted for all those with confined revenue to repay whatever they owe.Following receipt of the recog