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The Basics of a Chapter 7 Bankruptcy

A Chapter 7 bankruptcy is often referred to as “straight liquidation” meaning that the debtor’s unsecured and nonexempt assets are sold and the proceeds from the sale of those assets are used to pay the Read More
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Fraudulent Transfers vs. Pre-Bankruptcy Planning

A person who merely transfers non-exempt assets to exempt assets on the eve of a bankruptcy filing is not by itself proof of fraud which would necessitate a bar to that person’s bankruptcy discharge. Rather, Read More
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