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Thread: Chapter 7 Bankruptcy
- 08-19-2010 08:00 AM #1
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Chapter 7 Bankruptcy
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- 10-13-2010 03:09 PM #2
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Always get a referral or speak to more than one lawyer. Make sure you are comfortable with and trust your lawyer.
www.bidsfromlawyers.com
- 10-14-2010 06:34 AM #3
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If you want to keep anything with a secured loan in Chapter 7, you have to reaffirm the loan during the bankruptcy (which means you agree to pay that debt).
- 10-25-2010 03:58 AM #4
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A trustee is appointed who collects all non-exempt property, sell assets and distribute proceeds of the sale to creditors appropriate. Chapter 7 is different from other bankruptcy because the debtor does not need to make a payment to the trustee.



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