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Chapter 7 Bankruptcy

Chapter seven bankruptcy is named from the chapter of the bankruptcy code which can be found at Chapter 7 of Title 11 of the United States Code. Chapter seven bankruptcy is designed to give the debtor a fresh start. In chapter seven bankruptcy all dischargeable debts will be cancelled. Creditors are cut off from claiming any debt […]

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Bankruptcy Law

Bankruptcy Is a federal legal process during which debtors seek to eliminate or attempt to repay their debts. Bankruptcy’s governing federal statutory law is held in the title 11 of the U.S. Code. It provides that a federal system of statues & courts which allow debtors to place their financial affairs under the control of […]

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