Chapter 7

Chapter 7 bankruptcy is often called a "fresh start bankruptcy." The bankruptcy court eliminates most, if not all, of your debt by discharging certain unsecured debts altogether. If you are eligible for a Chapter 7 bankruptcy, your credit card debt, tax debts, and medical bills may be wiped out entirely, allowing you to start clean again.

How long does a Chapter 7 bankruptcy take?
The whole process usually takes three months. However, as soon as we file your bankruptcy case, we are able to stop the harassing phone calls and threatening letters. Your bankruptcy filing will stop the foreclosure of your home, repossession of your vehicle and an IRS wage garnishment.

Will I lose my car and my house?
In most situations you can file a chapter 7 bankruptcy and still keep your house and your car. Our attorneys are skilled in protecting your assets while eliminating your debt.

What debts do I have to pay after a Chapter 7 bankruptcy?
Your attorney will explain what debts cannot be discharged by filing bankruptcy. Certain such as school loans, court-ordered fines and some back taxes cannot be discharged in bankruptcy.

Will a bankruptcy hurt my credit rating?
It has been our experience that filing bankruptcy can actually help your credit score in the future. You are able to eliminate credit card debt that has already negatively affected your credit rating. Additionally, any late payment on your consumer debt will also hurt your credit rating. By eliminating these debts, you are able to remove these obligations from your credit rating.

What if I don't qualify for a Chapter 7 bankruptcy?
If you have a good income, but are unable to make your payments, you may be eligible for a Chapter 13 bankruptcy, a reorganization and possible reduction of your debts.