Chapter 7 is designed for debtors in financial difficulty who do not have the ability to pay their existing debts. The purpose of filing a chapter 7 case is to obtain a discharge of the debts existing as of the date you file a case.
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Chapter 7 is designed for debtors in financial difficulty who do not have the ability to pay their existing debts. The purpose of filing a chapter 7 case is to obtain a discharge of the debts existing as of the date you file a case.