Can you retain your assets in a Chapter 7 bankruptcy?
Hear from our bankrtupcy attorney, Steven R. Wilmoth! ____________________________________________ One the most common questions I am asked as part of a bankruptcy consultation concerns the ability to retain possessions while still eliminating most debt in a Chapter 7 Bankruptcy. In the vast majority of Chapter 7 bankruptcy cases the debtor is able to keep all of the assets that they wish to. These are called no asset Chapter 7 cases since there are no assets for the Chapter