Chapter 7 Bankruptcy

Thursday, May 19, 2022

What Cannot Be Discharged in Chapter 7 Bankruptcy?

Chapter 7 bankruptcy can be just the opportunity you need to have a fresh financial start. If you are struggling with bills, minimum payments, and collection efforts may even be in full swing, filing for Chapter 7 bankruptcy can not only hit the pause button on collection efforts, but can also mark the beginning of a path to financial relief.
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Friday, March 11, 2022

What is the Chapter 7 Bankruptcy Process?

Have you been struggling to keep up with your minimum credit card payments? Have some of your debts been sent to collectors and the phone calls have begun to roll in? If you are finding it difficult to stay financially afloat, then Chapter 7 bankruptcy may be an option to get you a fresh start. There are, however, specific eligibility requirements to be met and hoops to jump through in order to successfully navigate Chapter 7 bankruptcy.
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Thursday, December 9, 2021

Can You Discharge Student Loans in Chapter 7 Bankruptcy?

Student loan debt has been a major topic of conversation and contention, especially in recent years. With adults carrying seemingly unmanageable amounts of student loan debt at interest rates that dwarf those of mortgages and even credit cards, in some cases, many are looking for a way out. If you are struggling to make minimum payments on your outstanding debt each month, then you may have considered bankruptcy. In turn, you are likely wondering whether student loans are dischargeable under one of the most popular types of personal bankruptcy to file, Read more . . .

Friday, June 25, 2021

What Property Is Exempt in Chapter 7 Bankruptcy?

Have you found yourself in an unsustainable financial situation? Are the debts piling up and you are struggling to make your minimum payments? It may be well past time for you to consider filing Chapter 7 bankruptcy. Known as “liquidation” bankruptcy, Chapter 7 will discharge most, if not all, of your debt.
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Monday, February 15, 2021

How Long Does Chapter 7 Bankruptcy Take?

Have you been experiencing financial difficulties where the weight of your outstanding debt has become seemingly unmanageable? If so, you may have considered filing Chapter 7 bankruptcy, which can provide much needed financial relief and a fresh start. When you are in the throes of financial hardship, however, you may be, understandably, impatient for that fresh start.
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Monday, January 18, 2021

Advantages and Disadvantages of Chapter 7 Bankruptcy

Chapter 7 bankruptcy can provide filers with the potential to start with a metaphorical clean slate, financially speaking. As a powerful debt relief option, Chapter 7 bankruptcy can clear most, if not all, of a person’s outstanding debts.
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Thursday, December 17, 2020

What Should You Ask Your Bankruptcy Attorney About?

Bankruptcy may have an ominous sound to it for many, but that may be mainly due to the fact that many do not actually understand what bankruptcy is all about. Bankruptcy can provide critical relief to those struggling financially.
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Monday, September 21, 2020

Who Qualifies for Chapter 7 Bankruptcy?

These are difficult economic times for many. With business closures due to COVID-19 and the resulting losses of available jobs, many people are finding it difficult to make ends meet. If you are going through financial struggles and finding it difficult to keep up with things such as minimum payments on your outstanding debt obligations, Chapter 7 bankruptcy may provide you with much-needed relief. At the end of a successful Read more . . .

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