Chapter 7 bankruptcy provides for liquidation—the sale of the debtor’s nonexempt property and the distribution of the proceeds to creditors. A chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in Chapter 13.

Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors.

In addition, the Bankruptcy Code will allow the debtor to keep certain exempt property—but a trustee will liquidate the debtor's remaining assets—and potential debtors should realize that the filing of a petition under Chapter 7 may result in the loss of property.

In Kansas, Chapter 7 bankruptcy is a legal process that allows individuals to discharge their unsecured debts by liquidating their nonexempt assets. The process does not require the filing of a repayment plan as in Chapter 13 bankruptcy. A bankruptcy trustee is appointed to oversee the sale of the debtor's nonexempt property and distribute the proceeds to creditors. Kansas has its own set of exemptions that determine what property a debtor can keep; these may include equity in a home, personal property, and retirement accounts, among others. It's important to note that certain debts are not dischargeable under Chapter 7, and secured debts, like mortgages or car loans, may still be enforced by creditors through liens on the property. Debtors considering Chapter 7 should be aware that it can lead to the loss of property if it is not covered by exemptions. The specifics of what can be exempted are outlined in Kansas state statutes, and federal bankruptcy laws provide the overarching framework for the bankruptcy process.