标签：Exemptions - 英国华人论坛

In a Chapter 7 bankruptcy case, all non-exempt property can be sold to satisfy creditors. The question that arises is just what is non-exempt property? This question cannot be answered in generalities. Instead, the answer depends upon which...英国华人论坛

Chapter 7 is a \"liquidation\" of nonexempt assets to pay debts. In an orderly, court-supervised procedure, a court appointed trustee liquidates the non-exempt assets of the debtor\'s estate and makes distributions to creditors. In Chapter 7...英国华人论坛