Chapter 7 bankruptcy is one of the most common forms of bankruptcy in the United States. It allows individuals to discharge most of their unsecured debts, giving them a fresh start. However, the process can be complex, and it is important to understand the key elements of Chapter 7 bankruptcy law before deciding if it is the right option for your financial situation.
1. Eligibility for Chapter 7 Bankruptcy
Not everyone qualifies for Chapter 7 bankruptcy.
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