What Can I Keep if I File For Chapter 7 Bankruptcy?
Sawin & Shea
SEPTEMBER 27, 2023
The Court can sell all nonexempt possessions and assets. The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged. However, it’s crucial to consult with a bankruptcy attorney to ensure that your assets are appropriately protected within the legal framework.
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