In chapter 13 bankruptcy, you generally get to keep ownership of your assets and get a more affordable payment plan from your creditors. A court-appointed trustee will handle your case and may sell some of your assets to cover your debts. In this process, all unsecured debt вЂ“ think personal loans, credit cards and some medical expenses вЂ“ is wiped away, but a court will take possession of your assets such as property. Walker was able to file for Chapter 7 bankruptcy, he said, which is also referred to as a liquidation or straight bankruptcy. More from Invest in You: From investing basics to stashing cash, your money questions answered 'There will be billionaires made.' Why one NBA player is all in on crypto Here's an easy way to alleviate some of the anxiety in your life over money Chapter 7 versus Chapter 13 bankruptcyД«efore filing for bankruptcy, people need to be aware that there are two different types for consumers вЂ“ chapter 7 and chapter 13. 'Bankruptcy won't put money in your pocket, it forgives past debts.' 'If you don't see your financial situation improving after bankruptcy it's not a good time to file,' said Robert Lawless, a professor at the University of Illinois College of Law.

Generally, in this case it makes sense to already be working your way out of debt. In any case, we soldier on.'If you are faced with the loss of either your home, your car or garnishment, any of those events is an emergency and it could make sense to file for bankruptcy immediately,' said Sarah Bolling Mancini, an attorney for the National Consumer Law Center.Д«eyond an emergency, it may make sense to file if you have an overwhelming amount of debt that you won't be able to repay and that it's peaked вЂ“ meaning that you're not still incurring more debt. Is dismissal from the program really warranted from an alleged altercation? Could alternative punishment for said alleged altercation be a multi-game suspension? Perhaps. Ewing has clearly taken a no-nonsense approach to the team, which while certainly good from an optics standpoint, has arguably cost the Hoyas two players with strong potential. Trey Mourning, Kaleb Johnson and Greg Malinowski now have a path for more minutes as well. Moving forward, freshman forward Josh LeBlanc is likely to see increased minutes due to WalkerвЂ™s departure. Walker flashed towards the end of last season and after a strong performance in Kenner League, was projected by some to perhaps start for the Hoyas or at least play substantial meaningful minutes as part of EwingвЂ™s rotation. There is some speculation that Walker was involved in an altercation as well. Walker is the second player to be dismissed from the program in the Ewing era, as center Chris Sodom was dismissed from the team last season after an off-campus altercation.

Walker averaged 2.6 points, 1.2 rebounds and 7.3 minutes in 25 games in his freshman season.

Georgetown University menвЂ™s basketball coach Patrick Ewing announced today that sophomore forward Antwan Walker (Washington, D.C./Hargrave Military Academy) has been dismissed from the program. Georgetown sophomore forward Antwan Walker was dismissed from the program today, per a release from the school below:

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