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What is Chapter 7 Bankruptcy?

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Usually, Chapter 7 bankruptcy protection is also called the “liquidation” or “straight” bankruptcy. This is mainly because the bankruptcy trustee liquidates the assets of the debtor and sell them. Thereafter, uses the proceeds as a payment to the creditors so then you are free from all your debts and can http://cooper7p66hxk4.blue-blogs.com/profile

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