Chapter 7 Bankruptcy
If you are under huge debt and harassed by creditors, then you have option to file chapter 7 bankruptcy. A chapter 7 bankruptcy case does not involve the filing of a repayment debt plan. Instead, trustee gathers and sells the debtor’s nonexempt assets. These assets will be marshalled by the Trustee in accordance with the provisions of the Bankruptcy Code. However, the Bankruptcy Code will allow the debtor to keep certain “exempt” property. An individual, a partnership, or a business entity can file for Chapter 7 bankruptcy. However Chapter 7 isn’t for everyone, and there are numerous factors to consider. Therefore, discuss your case with Chapter 7 bankruptcy attorney and file bankruptcy.
Don’t Let Debt Defeat You: Chapter 7 Bankruptcy Can Provide a Fresh Start
Filing Chapter 7 bankruptcy may be the most effective way to protect yourself from creditor harassment. As a result, you can start fresh and get good credit score again. We have helped many clients to come out from debt. Similarly we can do the same for you. We are licensed bankruptcy attorneys and are ready to help you file for Chapter 7.
In order to file bankruptcy under chapter 7, the debtor must provide the following information:
- List of all creditors, debt amount and nature of their claims
- Sources, amount, and frequency of the debtor’s income
- List of all of the debtor’s property
- Detailed list of the debtor’s monthly living expenses
For more information, contact our Chapter 7 bankruptcy lawyers.
Here are few advantages to filing Chapter 7 with Us. It includes:
- Analyzing your debt and your income sources
- Determining your property exemptions
- Assuring your eligibility for Chapter 7
- Reaffirming your secured debts
- Assistance filing all the necessary Chapter 7 forms
We have a team of qualified attorneys so we can help you in filing chapter 7 easily. Further, we provide honest legal counsel that helps with your debt. In conclusion, filing chapter 7 bankruptcy could give a new start to you. Call us at (732)-646-5529 and discuss you case.
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