Chapter 7 bankrutpcy helps people who do not have the ability to pay their existing debts. Clients may claim certain property exempt or protected from being placed in possession of the Chapter 7 Trustee. Property purchased with a securtiy interest may be retained under most circumstances. All other debts are discharged after completion of the plan period except alimony and support, student loans and certain other types of debt.
Chapter 7 Process
Much of the fear associated with bankruptcy arises from debtors not knowing or understanding what to expect and how the bankruptcy process will unfold. Generally speaking, a debtor can reasonably expect the following steps in a Chapter 7 bankruptcy case:
Chapter Seven BK, is one of the most Experienced Bankruptcy Petition Preparer in Southern California. We are dedicated to getting you and your family Debt Relief under Federal Law. We provide assistance to those seeking relief under the United States Bankruptcy Code, in all of the United States and specialized in the Southern California area Federal District Courts. We have been doing so proudly for 20 years. I understand that this is YOUR LIFE and will work very hard in making sure you and your family have a peace of mind, by preparing the GREATEST BANKRUPTCY PETITION for you. I would not accept less, why should you. Please contact me by calling 1-909-542-8018
(24 hours a day) or filling out an email contact.