If you cannot pay back your debts then Chapter 7 Bankruptcy maybe for you. Chapter 7 bankruptcy is sometimes referred to as a complete liquidation or a fresh start. The basic premise is a petition to the Bankruptcy court asking them to legally relieve you of all your debts. In exchange for that relief you are willing to give up all your property to satisfy as much of it as possible. This can be a scary thought, especially if you own a lot of property . The good news is that there are many exemptions to this rule; they are updated frequently. Most of the time you will be able to keep some of your property. Contact us to schedule a free consultation.

FAQS:
The current filing fee for a chapter 7 filing is $299.00
You are required to take two credit counseling courses. Each costs about $50.00
Attorney's fees vary. Each case is different.

Contact us to schedule a free consultation.