Chapter 7 Bankruptcy
A liquidation bankruptcy in which the bankruptcy trustee sells the debtors nonexempt property and distributes the proceeds to the debtors creditors.
At the end of the case, the debtor receives a “discharge” of all remaining debts, except those not authorized to be discharged under the U.S. Bankruptcy code.
Chapter 7 Bankruptcy can provide a new beginning with your finances by eliminating credit card debt, delinquent bills, and reducing your total debts to $0, quickly.