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The thought of liquidation may be challenging, because it conjures images of dropping everything just one owns. Nevertheless, not all belongings are up for grabs in Chapter seven. Exemptions Enjoy an important job, safeguarding needed items for essential residing and employment. It’s essential to comprehend these protections to navigate Chapter 7
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When you file for bankruptcy in Florida, your property grow to be part of the bankruptcy estate, and that is overseen by a trustee appointed by the court. The trustee's function is always to liquidate non-exempt property in Chapter 7 bankruptcy or develop a repayment program in Chapter 13 bankruptcy to fulfill creditors.At Finance Strategists, we p
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