Chapter 7 Bankruptcy = Erasing Debt!
What Is Chapter 7 Bankruptcy?
Chapter 7 is the most popular form of bankruptcy filed in California . . . no doubt because it’s so fast and painless when done right.
In a Chapter 7 case, the debtor surrenders all their nonexempt property — if any exists. The trustee sells the property and divides the cash proceeds among the creditors on a pro rata basis. Don’t let that scare you! California has a generous set of property exemptions. Thus, you almost always keep your home, car and all your belongings.
Not Everyone Qualifies For Chapter 7 Bankruptcy Protection
There are certain requirements that you must meet. It comes down to the means test which uses IRS approved monthly expenses. The means test determines whether your income is low enough to file a Chapter 7 bankruptcy. Also, there is also an online credit counseling course you must take.
When we meet we’ll go over your specific financial situation. I’ll be able to determine if you meet the qualifications as set out by the United States Bankruptcy Code. In the event that I can’t help you, I’ll tell you right up front. I won’t waste any more of your precious time or give you false hopes.
A Chapter 7 Bankruptcy Usually Wipes Out Most Unsecured Debts
Unsecured debts are debts such as:
• Credit cards
• Unsecured personal loans
• Past utility bills
• Past rent
• Medical and dental bills
• Judgments (excluding fraud)
• Older tax obligations
• Deficiencies on repossessed cars and foreclosed homes
• Unemployment over-payments
• Social Security over-payments
DO YOURSELF A FAVOR — GET A FRESH START.
There’s still time for you to rediscover the joy and freedom you once had in life.
Not Every Debt Can Be Wiped Out By Chapter 7 Bankruptcy
Debts that can’t generally be wiped out include:
• Recent cash advances on credit cards
• Recent taxes
• Child support and alimony
• Court ordered fines and criminal restitution
• Student loans
• Debts for personal injuries caused while driving intoxicated
• Anything involving fraud
• Secured loans such as auto loans or home mortgage
Don’t give up. There’s hope for you.
You can move forward to a better tomorrow.
A Chapter 7 Bankruptcy Usually Last About 5 Months
At the completion of the process the court issues you a “Discharge”. Thus, your debts are wiped out and you’re no longer obligated to pay these debts.
Imagine Yourself . . . Debt Free
You can . . .
- Have a fresh financial start in life
- Get control of your personal finances
- Rebuild your credit score quickly
- Qualify for auto loans and mortgages again
- Learn to make smarter financial choices than you made in the past
And this is the part that’s going to surprise you . . .
It’s easier than you ever imagined!
You owe it to yourself to learn how you can get out of debt overnight and start a new life for you and your family?
BE INFORMED: Further Helpful Information . . .
My Friend . . . I Want To Help You.
At first most people are reluctant to file for bankruptcy. I like to remind them that there is a reason the bankruptcy laws exist. It’s to help people like you get a fresh start. With the bankruptcy laws on your side you can rebuild your life quickly.
Your Chapter 7 Bankruptcy Can Be Handled
Entirely By Phone, Internet and Regular US Mail
It’s all part of my commitment to making it as easy as possible for you to get the help you need.
I realize you have a busy life of your own.
▸ Perhaps you work 2 or 3 jobs.
▸ Maybe you live out in the middle of nowhere and the attorney’s office is too far away.
▸ It could be you don’t drive anymore.
▸ Perhaps you’re sick or confined to a bed.
▸ Or maybe you don’t like dealing with the heavy Southern California traffic.
No problem. I’ve got you covered.
We can arrange an appointment to call you on the phone or Zoom. That means you can talk with me from your easy chair in your own living room.
The vast majority of bankruptcy work doesn’t need the lawyer and client to meet face-to-face. I can handle your entire bankruptcy by phone, internet, and regular U.S. Mail.
Here I am in Washington DC on vacation, yet I’m talking to a client back in California. All my clients have my cell phone number. You can call me whenever you need me.
My main goal is to get you back on your feet financially so you can get on with the rest of your life.
AND I DO IT AT YOUR TIME AND AT YOUR CONVENIENCE.
I make it easy for you to regain financial control of your life.
Your Life Doesn’t Get Better By Chance.
It Gets Better By Change.