Wednesday, May 12, 2010

Chapter 7 Basics


The basics of Bankruptcy are very simple, though the preparation and filing can be quite difficult. Let's discuss Chapter 7.

Chapter 7: There is a plethora of information on Chapter 7 bankruptcies online. But here is the short and sweet breakdown. Chapter 7 is the complete elimination of ALL of your credit cards, medical bills & personal loans. All of it. Wiped away. Gone. You can file for Chapter 7 IF you make under the Median Family Income set by the Government based on the census that we all just finished filling out.

While this seems very black and white, there are exceptions. That is why it is important to take advantage of a free consultation at one of our five offices around San Diego and Riverside County. Even if you don't know if bankruptcy is right for you, you can never be too informed. A free consultation means you have nothing to lose and information to gain. Come see us today!

Contact us today to get more information on Chapter 7 bankruptcy and schedule your free consultation with one of our local and trustworthy attorneys.

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