Get a Fresh Financial Start

In the great majority of Chapter 7 bankruptcy cases, you get to keep your assets and possessions.

These assets are protected up to liberal limits that favor you.

At the same time, you discharge debts such as credit cards, unsecured loans, medical bills, debt from a repossession or foreclosure. 

A Chapter 7 bankruptcy is a type of bankruptcy that can quickly clear away debts. There are no repayment plans in Chapter 7. The case usually only lasts about 3 months. 

If you're behind on your bills, struggling financially, and qualify for a Chapter 7, you can reset your finances to get a fresh start.

The court automatically places a temporary stay on collections. The stay can stop debt collection efforts, home foreclosure, wage garnishment, property repossession, eviction and utility turn-off.

The court-appointed trustee, who is not a judge, reviews your finances and oversees your Chapter 7 bankruptcy. 

Only in Chapter 7 cases where there are significant assets can the trustee sell certain property that is not protected.

Most cases are not considered asset cases, even if the debtor has a home, vehicle and other possessions.  It all depends on the value of your property, your equity, and what can be covered by the Bankruptcy Code.

You keep all exempt property, while getting rid of unsecured debt.

You would know after your free bankruptcy consultation with Lee if you are an asset or no-asset Chapter 7 case. As long as you provide the basic information during your phone consultation, you can then make a decision based on facts.

Some types of debt generally aren't dischargeable through a Chapter 7 bankruptcy, including child support, alimony, some tax debts, student loans and court fines.

If you are facing foreclosure or repossession, filing for Chapter 13 bankruptcy could help you keep your property while you pay off your debts over time. Our dedicated bankruptcy attorneys can help you create a repayment plan that works for you.

Bankruptcy can be a complex and confusing process, and there are many myths and misconceptions surrounding it. Lee can help separate fact from fiction and provide you with the information you need to make an informed decision.

If you're struggling with overwhelming debt, it can be difficult to know where to turn. That's why we offer a free consultation to help you understand your options and get the guidance you need to achieve financial stability.

Call or email us to schedule your free bankruptcy phone consultation.