Bankruptcy Blog

When you come into our office and retain our services for a Chapter 7 bankruptcy, you are given some information or a packet to fill out and another appointment is scheduled for you to come into our office. The purpose of the packet for your bankruptcy attorney to find out, in an overview, what [...]

Filing a Chapter 7 bankruptcy is a way of discharging unsecured debts. Unsecured debts are usually credit cards and medical bills. In some cases the car and homes become unsecured debts, if for what ever reason you can not afford them any more.
The bankruptcy laws changed back a couple years ago, but the chapter [...]

A chapter 7 bankruptcy is for people that has had a major change in there income. The change could be from a change of jobs, an illness, and or a divorce. Once these changes happen you are no longer able to pay the bills that before were no problem. In some case not only the [...]

A chapter 7 is the easiest way to take care of credit cards, medical bill, and any other unsecured debts. The chapter 7 is a bankruptcy that discharges all unsecured debts. Discharges means that you will never have to pay on that debt and it will fall off your credit when the bankruptcy falls. In [...]

After your Chapter 7 case has been filed, there are only a few more things that you must do before your case gets discharged. One of the items that you must do is complete a Debtor Education course. This course is required by all Chapter 7 and Chapter 13 Debtors that file for [...]

When filing a Chapter 7 bankruptcy, you may have secured debts that you will wish to keep and maintain the monthly payments. Your statement of intentions is filed with your Chapter 7 petition and this is the notice to your secured creditors of your intention to reaffirm the debt.
The creditor will prepare and provide a [...]

A chapter 7 bankruptcy is used mainly to discharge unsecured debts. Unsecured debts are credit cards and medical bill. Once a person has gone through some form of change in income the abilty to pay the credit cards is no longer possible the chapter 7 is the fastest way to eliminate this type [...]

Filing a chapter 7 bankruptcy is used to discharge unsecured debts. Most people that have file a bankruptcy at one point had very good credit but something changed in their income that made it imposable to make payments like they had done in the past. Their car and home could have become unsecured debts [...]

When meeting with a Bankruptcy Attorney, one of the first questions asked clients is “How will filing Chapter 7 bankruptcy affect their credit?”. Filing a Chapter 7 bankruptcy will not remove their debt from their credit reports, rather listed the debt as discharged. A Chapter 7 filing will remain on your credit report for about [...]

When you file for a Chapter 7 bankruptcy, you are liquidating your debt that you have. Most people who file for a Chapter 7 bankruptcy are current with their mortgage payments and their car payments; they just can’t pay their unsecured debt any longer. Once your case has been filed with the Bankruptcy [...]