Asset liquidation Chapter 7 bankruptcy Unsecured Debt 
Debt Free Colorado
DECEMBER 23, 2024
Understanding what debts bankruptcy can eliminate is important. This where knowing Colorado unsecured debt examples can be helpful. Unsecured debt is a type of debt that is not backed by collateral. In this article, we will explore the types of unsecured debts that bankruptcy can erase.
Debt Free Colorado
JANUARY 20, 2024
Quick Summary: Healthcare-related debts such as medical bills become dischargeable through bankruptcy (Chapter 7 and 13). Chapter 7 offers discharge for eligible medical bills. But it can involve asset liquidation, and the discharge is independent of such sales. That includes medical bills.
Debt Free Colorado
OCTOBER 25, 2024
There are three types of bankruptcy relevant to businesses: Chapter 7: Liquidation Chapter 7 bankruptcy is often called liquidation bankruptcy. It is designed for businesses that cannot continue operations due to overwhelming debt.
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