Does Chapter 7 of the Bankruptcy Code provide bankruptcy relief for a debtor?
California, United States of America
The following excerpt is from Elder v. Banon (In re Marriage of Banon), H046220 (Cal. App. 2020):
3. "Chapter 7 of the Bankruptcy Code [11 U.S.C. 101 et seq.] provides a type of bankruptcy relief which involves the collection, liquidation, and distribution of an individual debtor's property and the discharge of his debts. (11 U.S.C. 701 et seq.)" (People v. Goebel (1987) 195 Cal.App.3d 418, 422.)
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