If you are in the midst of financial difficulties, the prospect of filing for Chapter 7 bankruptcy can be daunting. You might be worried about having to complete a mountain of paperwork and handle complex legal procedures. That’s where a bankruptcy attorney, with experience in handling the bankruptcy process, can be the perfect answer in […]
Chapter 7 bankruptcy is intended to provide relief for people who have a lot of unsecured debt and don’t have sufficient income or assets to make good on that debt. Unlike Chapter 13 bankruptcy, Chapter 7 bankruptcy isn’t designed to help debtors catch up on past-due accounts—it’s meant to wipe the slate clean.
That means that […]
Chapter 7 bankruptcy generally discharges, or wipes out, unsecured debt like credit card debt and medical bills. Typically, the process moves quickly; most Chapter 7 bankruptcy cases are completed in just a few months. And, in most Chapter 7 cases, the automatic stay provides immediate protection from creditors after the case is filed.