A trustee is appointed to take over your property. Any property of value may be sold to generate money to pay your creditors. You may be able to keep some personal items and possibly real estate depending on the law of the State where you live and applicable federal laws.
In Any Economy, People Need Bankruptcy
If you are overwhelmed with debt and cannot keep up with your payments, you are not alone. Even in a time of economic recovery, millions of people are still feeling the after effects of a stagnant economy. For people many who are in a hole that is just too deep, the path to recovery of the includes a Chapter 7 bankruptcy.
Am I Making The Right Decision?
We help clients get a fresh start, keep the property they need to survive and stop the annoying creditor phone calls. We’ve successfully handled hundreds of bankruptcy case and each client receives personal attention. We will thoroughly review your financial situation and help selection the best bankruptcy option for you. For most of our clients, that will be a Chapter 7 bankruptcy. For others, a Chapter 13 payment plan may be the way to go.
The Bankruptcy Code is designed to help people overcome staggering debt and get a fresh start. The benefits of a Chapter 7 bankruptcy include:
- Eliminating most or all unsecured debts, such as credit card debt, payday loans and medical bills
- The automatic stay, offering immediate relief from creditor calls, threatening letters, lawsuits and wage garnishments
- Protect you assets such your house and car
Find Out If Chapter 7 Bankruptcy Can Help You
Please do not wait to get the caring, reliable legal advice you need. If you are ready to file Chapter 7 bankruptcy or want to know what other options are available, please call us at (619) 448-2129 for more information. We offer a free consultations and help is just a phone call away.
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