Chapter 7 Bankruptcy

Chapter 7 Bankruptcy gives you the opportunity for a fresh start. It is the preferred chapter to file under if you qualify. Under chapter 7, you do not pay back anything to your creditors. You keep all that you have. And the process takes 4 months form start to finish.

What Do You Get to Keep in a chapter 7?

Just because you are Filing bankruptcy does not mean you are not allowed to have anything. Just the opposite. The law allows you to keep certain assets. In most cases, you keep all that you have if proper planning is used to protect assets prior to and during the filing of the bankruptcy. We can make sure you will get to keep your house and car. If you are not sure what assets will be protected and what assets are at risk, call us and find out. We offer free consultation. We welcome the opportunity to explain how we can help you. Caution, Chapter 7 can not be canceled. If you file bankruptcy and your assets are not protected, the trustee will liquidate unprotected assets to pay your creditors. Do not guess call and find out!

Who Can File Chapter 7?

To be able to file chapter 7, you must pass the means test. Because our practice is exclusively in Bankruptcy law, we know how to use every deduction and expense to get you the best outcome.  Chapter 7 will allow you to wipe out all dischargeable debt and is the preferred chapter.

If another attorney said you do not qualify for chapter 7, make sure you talk to us. We have successfully represented clients through US trustee audits and independent auditor reviews and obtained discharge to high debt, high income individuals.

How Long Does Chapter 7 take?

The chapter 7 process takes about 4 months to complete. It begin with the filing of the bankruptcy petition and ends with obtaining the chapter 7 discharge.  Once you sign up with us, we will guide you step by step to provide you a hassle free experience. Our moto is “We make bankruptcy hassle free”. To begin, just call us and get a free consultation in person or over the phone.

What are the typical Chapter 7 fees?

Chapter 7 attorney fees vary from $795.00 to $3,000.00. The fee is based on the amount of unsecured debt and number of creditors. Your income level, your assets and qualification to pass the means test. All legal issues that may effect the attorney fees will be determined during the free consultation. In most cases, attorney fees will be between $1200 to $1500. Call us at (818)409-8911 and we will quote all fees upfront so that you know exactly how much your chapter 7 bankruptcy will cost.