Assertion: bankruptcy's property | /r/HasProperty | liquidated
Facets:
Source sentences:
text: If you file for Chapter 7 bankruptcy, any nonexempt property will be liquidated to pay off your debts at this point.
text: In a Chapter 7 proceeding, property may be sold (liquidated) to pay back creditors.
text: No property is required to be liquidated.
text: Exempt property is free of the claims of creditors and cannot be taken by the trustee to be liquidated.