| 词汇 | Chapter 7 bankruptcy |
| 释义 | `1`Chapter 7 bankruptcy `2` "Nolo Everybody's Legal Dictionary": The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse. See Topic: Debt & Bankruptcy |
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