The Basics: The Simple Chapter 7 Case
A simple Chapter 7 case protects you from all collections, discharges all your debts, lets you keep or surrender your collateral, and keep all your other assets.
The Basics: Bankruptcy as a Moral Choice
You usually DO have a moral obligation to pay your debts. But sometime you a have a higher moral obligation NOT to.
The Basics: Protection of Your Assets
When you file a Chapter 7 bankruptcy, most of the time you can keep whatever you own. These 10 bullet points will help you make sense of this.
The Basics: Protection from Creditors
Filing bankruptcy immediately protects you and your property from just about any kind of collection attempt by your creditors.