The Chapter 7 Liquidation Test: Why Your Non-Exempt Assets Require Chapter 13 Plan

A blue binder labeled 'Liquidation' on a wooden desk surrounded by office supplies such as binder clips, a highlighter, a pen, and books. The text 'BANKRUPTCY.BLOG' is visible at the bottom left corner with a focus on the chapter 13 bankruptcy liquidation test.

The liquidation test determines creditors’ payments under Chapter 13 compared to hypothetical Chapter 7 liquidation.

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