Chapter 7

Chapter 7 bankruptcy, also referred to as “straight” bankruptcy, is the most commonly used form of bankruptcy filing. The debtor turns over all non-exempt property to the bankruptcy trustee, who in turn, converts it to cash to distribute to your creditors. In a chapter 7 bankruptcy filing, we are often able to protect if not all, the majority of your assets. Meaning you are able to keep your home, vehicles, household goods, etc. This form of bankruptcy allows you to discharge certain debts such as credit cards, medical bills, personal loans, Etc. to give you a “fresh start”. There are certain debts that are considered “non-dischargeable” and you will need to speak with a bankruptcy attorney to determine what you can and can not include. If you would like to discuss the possibility of filing a chapter 7 bankruptcy, or you just have questions, our attorneys are available to speak to you. Call now, or fill out our bankruptcy evaluation form and we will contact you at that time that you request.