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Generally known as liquidation bankruptcy, Chapter 7 bankruptcy requires forfeiture of house (with specified exemptions) into a trustee appointed with the bankruptcy court docket. The trustee sells the property and distributes the proceeds among your creditors.The procedure starts While using the debtor filling out a number of types detailing recor
The Definitive Guide to How Long Does Chapter 7 Bankruptcy Last
In case your credit rating report claims you submitted bankruptcy however , you didn't, or if a bankruptcy entry stays on the credit history report past its expiration date, you've the best to dispute the inaccuracy While using the credit bureau that compiled the credit report.*Demanded detect: We've been permitted to issue certificates evidencing