Intelligence

Chapter 7 Bankruptcy

Looking for 1-2 sentence responses to each of the following (brevity is required): What are the main benefits and drawbacks of filing Chapter 7 bankruptcy? What are the first steps involved in filing a Chapter 7 bankruptcy? How long does the entire process take? Who should consider applying for Chapter 7? Requirements: Professional expertise related to bankruptcy law preferred, or credit counselors with bankruptcy counseling experience – both your title and current place of employment should clearly
indicate your professional authority on the topic. Please state your title, first and last name, and the name of your employer in your response.