Chapter 7 Facts

Chapter 7 Facts

Chapter 7 Facts: Chapter 7 bankruptcy helps people get out of debt while keeping most or all of their personal belongings and other assets. It is generally the quickest and simplest chapter and is typically completed in four to six months. Unlike a Chapter 13, a...
“No Asset” Chapter 7 Bankruptcy

“No Asset” Chapter 7 Bankruptcy

Chapter 7 bankruptcy erases all or most of your debts, without a repayment plan, and in general, allows you to keep most or all of your assets and other belongings. When you file for bankruptcy it creates a “bankruptcy estate,” which is your interest in your property...
The Pros and Cons of Filing Chapter 7 Bankruptcy

The Pros and Cons of Filing Chapter 7 Bankruptcy

If you are struggling with an overwhelming amount of debt, it is time to consider filing for bankruptcy. Bankruptcy offers so many benefits, like a debt-free fresh start and relief from incessant collection phone calls. While bankruptcy offers so much, there are...
Do I Qualify for Chapter 7 Bankruptcy?

Do I Qualify for Chapter 7 Bankruptcy?

It is a common bankruptcy myth that qualifying for bankruptcy is nearly impossible. Changes to the federal bankruptcy code in 2005 added additional hurdles that require certain people to provide additional paperwork proving that they qualify for bankruptcy relief...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close