People experience financial hardship for a variety of reasons. These days are especially difficult for the average person due to the worldwide pandemic caused by the corona virus, also known as COVID 19.
Chapter 7 Individual Bankruptcy
Individuals who reside, have a place of business, or own property in the United States may file for bankruptcy in a federal court under Chapter 7 (“straight bankruptcy”, or liquidation).
Chapter 7 of the United States Bankruptcy Code provides for “liquidation” – the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors.
There are many different injuries that can result from a car accident. Serious injuries might become permanent and result in physical disability. If you are a victim in a motor vehicle accident, you may suffer property damage, lost wages, pain and suffering, cost for medical treatment, and losses as a result of disability.