If you are being crippled by high credit card debt, personal loans, payday loans, or medical bills, Chapter 7 may be a way for you to rid yourself of those debts. Also known as “liquidation,” “debt wipe-out” or “fresh start,” Chapter 7 cases are typically resolved 4 months after the filing date. You will receive a Bankruptcy Discharge and your obligation to the discharged debts will be over. Together, we will determine if filing Chapter 7 is the best option for you.
The Advantages of Filing Chapter 7 Bankruptcy
The main advantages of Chapter 7 Bankruptcy are that it eliminates a massive amount of your debt in a limited amount of time. Chapter 7 Bankruptcy is a relatively quick and straightforward process, that generally takes a few months from start to finish. By filing Chapter 7 Bankruptcy, you can do the following:
○ Eliminate ALL debts, except those that the Federal Government has specifically deemed “non-dischargeable.”
○ Puts an immediate halt to wage garnishments and bank levies
○ Allows you to keep most property such as cars and vehicles as long as you are current on your payments.
○ Most Chapter 7 Bankruptcies are processed in only 4 to 6 months from the date of the case filing to the date your case is closed.
Our firm is designed to take care of our customers during a traumatic time. That includes offering free consultations and discounted rates for our services.
The fact that we care about our clients helps us to better work for them, advocate for them, and, when necessary, fight for them.
1010 West Main Street
Visalia, CA 93291