# US Chapter 7 Bankruptcy

**IRI:** https://folio.openlegalstandard.org/RjQP37RLKtTQzjd7UbRKcQ

## Labels

**Alternative Labels:**

- Chapter 7
- Liquidation
- US Chapter 7
- USCHAP7

**Translations:**

- de-de: US-Insolvenzverfahren nach Kapitel 7
- en-gb: US Chapter 7 Bankruptcy
- es-es: Quiebra del Capítulo 7 de los Estados Unidos
- es-mx: Quiebra del Capítulo 7 de Estados Unidos
- fr-fr: Faillite américaine de chapitre 7
- he-il: חוקי הבנקרות של ארה״ב פרק 7
- hi-in: यूएस चैप्टर 7 दिवाली
- ja-jp: 米国第7章破産
- pt-br: Falência americana do Capítulo 7
- zh-cn: 美国第七章破产

**Hidden Label:** USCHAP7

## Definition

Chapter 7 bankruptcy, sometimes referred to as liquidation bankruptcy, is the most common type of bankruptcy in the U.S., and the most basic form of bankruptcy. Chapter 7 provides liquidation of an individual's property and then distributes it to creditors.

## Sub Class Of

- https://folio.openlegalstandard.org/R7LI3BONqNkXbKHKa0t3jyI
- https://folio.openlegalstandard.org/R9JkqKed1jktjgwaeiLc7ru

## See Also

- https://folio.openlegalstandard.org/R8D2A8vpEW3oEpxLRVkaVDk

**Deprecated:** False

**Identifier:** B-USCHAP7