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  1. Liquidation bankruptcy

    Chapter 7 (also known as liquidation bankruptcy) requires you to sell certain assets and use those funds to pay debt. Any leftover debt you have after selling your assets may be discharged (or forgiven). If you don’t own any eligible assets, you can still file for Chapter 7 bankruptcy.
    www.lendingtree.com/bankruptcy/chapter-7/
    www.lendingtree.com/bankruptcy/chapter-7/
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