A Chapter 7 bankruptcy is a "straight bankruptcy" where the assets are liquidated. This differs from Chapter 11 and Chapter 13 bankruptcies, where the company is reorganized. For more information see the related link.
You can file a Chapter 7 bankruptcy.
what are the chapter 7 limits for bankruptcy?
Yes you can protect it under chapter 7 bankruptcy
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.
Yes, you can keep you car in chapter 7 bankruptcy. In Chapter 7 bankruptcy there are some rules. You can only file Chapter 7 if your income is below your state's median or is not enough to pay off your current debt.
You can file bankruptcy again 7 years after the last time you filed.
2008
After Chapter 7 bankruptcy has been Discharge can buy a home
In a Chapter 7 bankruptcy, a person filing for relief is called a
Yes.
A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.