Any nonexempt house is turned more than into a trustee, who sells the assets and distributes the proceeds to creditors. At the conclusion of the liquidation and distribution system, the filer doesn’t owe the creditors.As Element of the repayment program, the debtor can ask for reduce curiosity prices and even get Section of the stability forgiven

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Mr. Assouline also handles cases involving Ponzi plan Clawback litigation, 547 and 548 protection situations, computerized continue to be litigation, and real estate and landlord and tenant disputes in condition and bankruptcy courtroom.Its team also allows decide which variety of credit card debt is qualified for discharge, income necessities to q

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