Liquidating mortgage platnuim dating service

liquidating mortgage-25

Basically, this is the one that straight-up forgives your debts (with some exceptions, of course).

Chapter 7 is also called “straight” or “liquidation” bankruptcy.

Exempt means you will be able to keep the property throughout the bankruptcy process.

Nonexempt means you will either be required to surrender the property or pay its value in cash as a part of the bankruptcy.

Nonetheless, it is peerless, durationally matched leverage that is terrifically useful for buyers of the distressed debt inventory.

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