Chapter 7

Chapter 7 bankruptcy gives people a fresh start. It is a bankruptcy used to completely wipe out most debts in a legal proceeding conducted under the jurisdiction of the Federal U.S. Bankruptcy Court. Often times you just need a fresh start to get back on track.  Do you find yourself buried in credit card debt?  Do you have medical bills piling up?  Is your home being foreclosed on?  Are collection companies calling you at all hours of the day and night?   Then, Chapter 7 bankruptcy could be the path for you.  In bankruptcy, most of these debts could be discharged, which means you are no longer obligated to pay them.  It also puts a stops to the harassment of debt collectors contacting you.

Chapter 7 bankruptcy  discharges debts such as credit card debt, medical bills, personal loans, delinquent utility bills, old tax debt, and deficiencies on repossessed vehicles. Under Chapter 7 bankruptcy, you will never have to pay your creditors for these types of debts. However, there are several types of debts that cannot be discharged by filing for Chapter 7. Child support, recent tax debt, student loans, and certain types of court-ordered damage awards are not dischargeable with bankruptcy, call us at (803) 354 -2600 for more information.