What happens when I file for Bankruptcy?

       If you qualify to file a Chapter 7 Bankruptcy you would be allowed to keep
most of your assets if they are exempt under the Bankruptcy code and wipe
out unsecured debts. In a Chapter 13 case you repay some or all of your
unsecured debts over time and can still keep your home or automobile and
assets that are exempt under the Bankruptcy code. Your first step would be be
to talk to a qualified Bankruptcy attorney to see if you qualify to file a
case.

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