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Chapter 7 or liquidation bankruptcy removes debts and is specially designed for those who are not able to clear their monthly repayments. The court appoints a trustee to liquidate your assets and repay your debtors with cash. The assets could be your car, household appliances, furniture, expensive curios, etc. Once the debt is repaid, Chapter 7 discharges you of the debt responsibility. Speak to your Bankruptcy Lawyers Near Me immediately. Call bankruptcy chapter 7 near me now.