Bankruptcy – Chapter 7
At the Law Offices of Foroozandeh, APC we are experienced in assisting you with personal and corporate Chapter 7 bankruptcies as a debtor or creditor, and in Adversarial Proceedings.
The following excerpt is from the United States Courts government website:
“This chapter of the Bankruptcy Code provides for “liquidation” – the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.”