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Chapter 7 bankruptcy concept. Top view of stressed young sitting Asian woman hands holding the head worry about find money to pay credit card debt and all loan bills.

What is Chapter 7 Bankruptcy?

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Chapter 7 bankruptcy is an option for individuals, partnerships, corporations, and other business entities that is often considered a last resort to pay off many types of unsecured debts and reset finances. Also known as the liquidation or straight bankruptcy, Chapter 7 can...