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What is the role of the Trustee in a Chapter 7 Bankruptcy Case?

Whey you file for bankruptcy, a bankruptcy “estate” is created and the estate becomes the temporary legal owner of all your property. The bankruptcy estate consists of your property or your interest in...

The Difference between Chapter 7 and Chapter 13 Bankruptcy

In 2016, almost 772,000 individuals in the United States found themselves with more debt than they can handle, and consider declaring personal bankruptcy. The two main bankruptcy options available to...