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rajshukla



Joined: 03 Jan 2012
Posts: 160

PostPosted: Tue Jan 03, 2012 12:48 pm    Post subject: hi Reply with quote

Want to know how filing for a Chapter 7 Bankruptcy will affect your New York tax refund? This article will tell you how your tax refund will be affected in several circumstances. If you're considering filing for Chapter 7 bankruptcy, you're probably wondering how long the process takes. Find out how long you'll need to wait for a discharge in various circumstances. At its most basic level, Chapter 7 bankruptcy is a means of filing for legal protection from creditors. Some assets, such as a car that you own outright, are exempt from being taken; other assets may be taken by a trustee and liquidated to offset your unpaid debts. At the end of the bankruptcy process, you should receive a Discharge, which frees you from the obligation of paying for your debts (except for certain non-dischargeable debts, such as Federal student loans).
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