The downside is that every one business and private residence develop into Component of the bankruptcy estate. But you won't eliminate all the things. Bankruptcy regulation enables you to maintain "exempt" belongings in Chapter seven, such as some fairness in a home and automobile, home products, a retirement account, https://three-things-to-avoid-whe57328.answerblogs.com/30048032/helping-the-others-realize-the-advantages-of-how-will-filing-bankruptcy-affect-my-small-business