What is the meaning of Bankruptcy (Chapter 7)?

Bankruptcy > Chapter 7
Subtopics: Chapter 13 

This type of bankruptcy allows the debtor to have a' clean slate', although most of his property is forfeited.

Barry Goldsmith
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APABarry Goldsmith. (2010). Bankruptcy (Chapter 7). Retrieved September 20, 2026, from http://smartdefine.org/bankruptcy_(chapter_7)/definitions/1148380
ChicagoBarry Goldsmith. 2010. "Bankruptcy (Chapter 7)" http://smartdefine.org/bankruptcy_(chapter_7)/definitions/1148380 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, Bankruptcy (Chapter 7), Smart Define, viewed 20 September, 2026, <http://smartdefine.org/bankruptcy_(chapter_7)/definitions/1148380>.
MLABarry Goldsmith. "Bankruptcy (Chapter 7)" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/bankruptcy_(chapter_7)/definitions/1148380>