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This test compares your profits to the median revenue of your respective condition. In the event your cash flow falls under the median, you immediately move the implies examination and will progress by using a Chapter seven submitting.This chapter with the Bankruptcy Code presents for "liquidation" - the sale of a debtor's nonexempt residence as we
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A zero-% prepare does not imply you are going to spend practically nothing in any respect. But you won't spend anything to your nonpriority unsecured creditors, including credit card balances, professional medical and utility bills, and private loans. Any remaining personal debt you are able to discharge in Chapter thirteen might be wiped out at th