Chapter 7: This is a liquidation bankruptcy, sometimes called “straight bankruptcy”.
The principle advantage is that the debtor comes out without any future obligations on his discharged debts.
Update: I tested out the quarterly liquidity window and was able to withdraw my funds in a simple process and without issue.
Fundrise is still accepting direct investments into some of their e REITs, but I am now looking to re-invest into their new Fundrise 2.0 system, which has a new $500 minimum and allocates across multiple e REITs.
Here’s an update on my $2,000 investment into the Fundrise Income e REIT.