Chapter 7 Bankruptcy May be the Right Choice, Depending on the Circu...

Chapter 7 Bankruptcy May be the Right Choice, Depending on the Circumstances
Law Firm Newswire (press release)
If they choose a Chapter 7 bankruptcy, often referred to as a liquidation or straight bankruptcy, a trustee is appointed to sell all non-exempt assets to pay creditors. The court-appointed trustee then distributes the funds according to priorities laid ...