Chapter 7 is the most common type of bankruptcy filed and it offers several advantages over the 3 to 5 year payment plans of Chapter 13.
- Cases are completed in about 100 days.
- The protection is immediate. The day a Chapter 7 is filed all garnishments, collection calls, lawsuits, and other collection activity is stopped.
- Cost: Chapter 7 is the cheapest debt solution, period.
- You can rebuild credit immediately after the case is over.
Can I keep my home and car if I file Chapter 7?
Yes, in most cases our clients keep their homes and vehicles. There is a limit as to how much property can be protected in bankruptcy, so the first duty of our office is to complete an inventory of your property and to identify those assets which may be at risk. This is where our firm’s experience matters. Bankruptcy laws are complicated, and you need to hire an attorney that has handled thousands of cases just like yours. Too many people do lose their homes, cars, tax refunds, bank deposits and other assets because they hired the wrong attorney.
How much does it cost to have my case reviewed?
Our firm’s policy is to provide a free initial consultation in person or over the phone. Bankruptcy is not always the right decision, and you need an attorney honest enough to review all your options. We are here to help you, not judge you.