Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.
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What Debts Are Discharged in Chapter 7 Bankruptcy?
What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...
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