Law Facts: Bankruptcy | Ohio State Bar Association
https://www.ohiobar.org/public-resources/commonly-asked-law-questions-results/law-facts/law-facts-bankruptcy/
WebFeb 2, 2012 · Individuals are eligible to file for bankruptcy under Chapter 7, Chapter 11, Chapter 12 or Chapter 13 of the Bankruptcy Code. Chapter 7 bankruptcy is known as liquidation, or “fresh start” bankruptcy. In a Chapter 7 case, a trustee (assigned by the U.S. Trustee’s Office or chosen by the debtor’s creditors) may liquidate, or sell, the ...
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