By Jeff Field | Published January 16, 2024 | Posted in Bankruptcy | Tagged Tags: debtors, liquidation, redemption | Leave a comment
Chapter 7 bankruptcy allows individuals to obtain a fresh start by discharging most of their debts while liquidating their assets to pay off creditors. However, there are ways that debtors can shield a substantial amount of their assets from liquidation. One of these is the redemption option. A debtor can keep a financed car by Read More
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