Chapter 7 Bankruptcy The Chapter 7 Bankruptcy liquidation approach converts a debtor’s non-exempt assets to cash distributed in conformity with the Code. An honest debtor is discharged from most of the remaining debts and given a fresh start. Eligible debtors include individuals, partnerships, and corporations. Among others, the following entities are generally not eligible to…

Originally posted 2018-07-31 17:31:28.

© 2018 Alexander Tax Defense. All Rights Reserved.

logo-footer