What Is a Chapter 7 Bankruptcy?
Chapter 7, Title 11 of the United States Bankruptcy Code provides for what are called “liquidation bankruptcies.” Liquidation refers to the sale of private property in order to pay down debts. However, while some Chapter 7 bankruptcies do require individuals to sell property, most do not. An experienced Florida bankruptcy lawyer can help you find exemptions, allowing you to keep most or all of your valuables.
If you or someone you love is struggling with the realities of heavy debt, Florida Chapter 7 bankruptcy lawyer Ryan J. Really may be able to help you. Contact our offices today by calling (239) 237-0675.