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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

SEPTEMBER 27, 2023

Known as exempt assets, these are the things you may keep when you file for Chapter 7 bankruptcy. Debt collectors have a legal right to pursue the collection of personal debt within the bounds of the law. The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged.

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