Chapter 7 bankruptcy is typically looked at as a liquidation bankruptcy, in which a trustee examines your income, expenses, assets and liabilities after filing a claim. This video, attorney Andy Forman discusses how Chapter 7 is used to discharge debt and wipe a credit report clean. Andy Forman is a business and consumer bankruptcy lawyer in Tampa, Florida and has been in bankruptcy representation for over two decades and has lead council in over 3,000 bankruptcy cases.
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