gptkbp:instanceOf
|
bankruptcy chapter
|
gptkbp:administeredBy
|
bankruptcy trustee
|
gptkbp:alsoKnownAs
|
liquidation bankruptcy
|
gptkbp:appliesTo
|
individuals
businesses
|
gptkbp:cause
|
loss of non-exempt property
|
gptkbp:codifiedIn
|
gptkb:Title_11_of_the_United_States_Code
|
gptkbp:compatibleWith
|
railroads
banks
credit unions
insurance companies
|
gptkbp:dateEnacted
|
1978
|
gptkbp:duration
|
typically 3-6 months
|
gptkbp:eligibility
|
subject to income limits
|
gptkbp:excludes
|
certain property under state or federal law
certain types of debts
|
gptkbp:fareControl
|
required
|
gptkbp:filingDate
|
gptkb:United_States_Bankruptcy_Court
|
https://www.w3.org/2000/01/rdf-schema#label
|
Chapter 7 (US)
|
gptkbp:oversees
|
gptkb:United_States_Trustee_Program
|
gptkbp:partOf
|
gptkb:United_States_Bankruptcy_Code
|
gptkbp:purpose
|
provide relief from debts
|
gptkbp:relatedTo
|
gptkb:Chapter_11_(US)
gptkb:Chapter_13_(US)
|
gptkbp:replacedBy
|
gptkb:Bankruptcy_Act_of_1898
|
gptkbp:requires
|
means test
credit counseling
|
gptkbp:result
|
discharge of debts
liquidation of assets
automatic stay on collections
|
gptkbp:usedFor
|
liquidation of non-exempt assets
|
gptkbp:bfsParent
|
gptkb:Chapter_11_(US)
|
gptkbp:bfsLayer
|
7
|