Chapter 7 bankruptcy is a form of bankruptcy where your debts are canceled, but some of your assets are sold to pay off part of your debt.
Learn the basics of chapter 7 bankruptcy, including who is eligible and how bankruptcy affects your credit score.
A chapter 7 case typically lasts 6 months. Learn what to expect at each stage, from filing the petition, to receiving the discharge.
If you feel you're drowning in debt, you might be considering Chapter 7 bankruptcy. Before filing, you should be aware of how much it's going to cost you.
Avvo helps you learn about your legal situation, connect with lawyers, and get advice.