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November 10, 2016 | Helbing Law Office, LLC
Call: (920) 955-3688
Address: 477 S Nicolet Rd Suite 8, Appleton, WI 54914

Do you lose all assets when filing for Chapter 7 bankruptcy?

Chapter 7 bankruptcy liquidates your assets. They’re sold off, the money is paid to your creditors, and the debt is erased. The money paid is typically far less than is owed, but it still gives the creditors something as you get a clean slate. Naturally, people are often rather concerned about doing this because they […]