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What is the process of a Chapter 7 bankruptcy?

When a New York debtor decides to file for Chapter 7 bankruptcy, the first step is preparing the information that the court requires. This includes a list of all creditors with the nature and amount of debt and an explanation…

The process of filing for Chapter 7

New York residents who are interested in information about bankruptcy may benefit from specific details of how the bankruptcy process works. A Chapter 7 bankruptcy for an individual begins with the person requesting it filing a petition with the courts.…

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