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Chapter 7 Bankruptcy

The role of a Chapter 7 trustee

If you file for Chapter 7 bankruptcy in California, a trustee will be assigned to your case. This person typically performs a variety of functions that help to ensure that each party's interests are preserved throughout the bankruptcy process. The trustee inventories...

Unnecessary spending and Chapter 7

Anyone considering filing for Chapter 7 bankruptcy is likely dealing with a challenging debt situation. When assets and income cannot come close to paying various obligations, a California debtor may take the means test to see if Chapter 7 is viable. Anyone eligible...