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Bankruptcy Chapter 7 Bankruptcy Chapter 13 Differences
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Chapter 7 and 13 Bankruptcy. Robert N Zimmerman, Jr. Bodily Injury (car accident). The Bankruptcy Code under 342(b) requires that a notice be given to individual consumer debtors. Parts of the notice pertaining to Chapter 7 and Chapter 13 are reprinted below. Under chapter 7, you may claim certain of your property as exempt under governing law. A trustee may have the right to take possession of and sell the remaining property that is not exempt and use the sale proceeds to pay your creditors. Under chapt...
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Brief comments about bankruptcy chapters 7 and bankruptcy chapter 13
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Chapter 7 and 13 Bankruptcy. Robert N Zimmerman, Jr. Bodily Injury (car accident). A good place to start researching is the U.S. Bankruptcy Code. Several links to it are below. Please bear in mind that bankruptcy research requires far more than you will find here, or from any single source. We believe in education, but advice should come from a competent lawyer after consultation. Another of our sites, with more detail is: CanBankruptcyHelp.com. Brief Comments on Consumer Bankruptcy. The automatic stay i...