____ of the bankruptcy code means liquidation and fair distribution of the debtor's non-exempt assets to the creditors.

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Chapter 7 of the bankruptcy code is known as liquidation bankruptcy. It involves selling the debtor's non-exempt assets and using the proceeds to pay off the creditors. This type of bankruptcy is usually reserved for individuals or businesses that are unable to pay off their debts and do not have a viable plan for restructuring their finances.

____ of the Bankruptcy Code Means Liquidation and Fair Distribution