Los Angeles Bankruptcy Lawyer | Bouldoukian Law Firm

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Posts tagged California Exemptions
Assets in a Bankruptcy

Assets play different roles in a bankruptcy case. Today, we are going to talk about assets as they pertain to a Chapter 7 Bankruptcy. The majority of individuals filing for a Chapter 7 bankruptcy, file what is called a “no-asset” case. This means that your property was not liquidated and used to pay creditors.

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