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In Chapter 7 bankruptcy, the court docket sells your belongings to repay the creditors you owe. This doesn’t mean You should market every thing you personal. Such as, if the house falls underneath a particular value, you can continue to keep it.Find out what people and tiny organizations can assume when submitting less than both Chapter 7 or 11 b
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We manage a firewall between our advertisers and our editorial team. Our editorial crew would not receive direct compensation from our advertisers. Editorial IndependenceKim Porter is a previous contributor to Bankrate, a personal finance professional who loves chatting budgets, charge cards and university student financial loans.Chapter seven bank