http://www.articlealley.com en-us editorial@articlealley.com In defining what is chapter 7 bankruptcy is one has to understand it is a provision in Title 11 of the US code or bankruptcy code that governs the process of insolvency under the United States bankruptcy laws. What is chapter 7 bankruptcy? It is the most ... http://www.articlealley.com/http://karenjturcios.articlealley.com/what-is-chapter-7-bankruptcy-2405812.html 17th January 2012 An IRS garnishment is an aggressive procedure on the part of the IRS to grab your attention. It is an authorized seizure of your assets that will fulfill a tax debt. The Irs may possibly levy your financial institution accounts, your salaries and practica... http://www.articlealley.com/http://kescraig.articlealley.com/stop-irs-levy-procedures-3-speedy-strategies-2393186.html 23rd November 2011 Chapter 7 is a liquidation bankruptcy, which means the debtor’s assets will be sold in order to pay the debts owed. 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