Chapter 7 Bankruptcy
Chapter 7 Bankruptcy, sometimes referred to as “liquidation bankruptcy” or "fresh start bankruptcy" is the most common type of personal bankruptcy. Chapter 7 Bankruptcy is available to individuals, married couples, corporations and partnerships. With Chapter 7 Bankruptcy you turn over all of your non-exempt property to the bankruptcy trustee who then converts it to cash for distribution to your creditors. Debtors are generally allowed to keep most of their personal property because the property is exempt under the Bankruptcy Code.
Chapter 7 bankruptcy is generally the best solution for people who are having trouble paying unsecured debts like credit card bills, medical bills, utility bills, and personal loans. It essentially wipes your debts clean giving you the fresh start you need.
Free Bankruptcy Evaluations
The Law Office of Ed Lee Abner is currently offering one free bankruptcy evalutation to individuals who are considering filing bankruptcy. Each bankruptcy evalutation includes a confidential and in-depth analysis of your financial situation. We will determine if you qualify and whether or not Chapter 7 bankruptcy is the best option for your particular situation. Your legal options will be clearly explained to you, and if you do decide to file bankruptcy we will work diligently to reduce or eliminate your debt. Contact us to schedule a free consultation. Call: 800.440.5350.
"We help people file bankruptcy relief under the bankruptcy code"