Chapter twelve. This is an additional court-purchased repayment prepare for household farmers and fishermen to pay off their credit card debt without needing to sell off their property.
A Chapter 7 debtor presents up nonexempt home—the trustee liquidates unprotected house for credit
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The trustee will request questions on your income, assets, and debts (who you owe). If You can't afford to repay your debts in total, the trustee may possibly endorse bankruptcy, but they could also propose you consider filing a purchaser proposal in its place to bankruptcy if this can m