Chapter 7 Bankruptcy

Get a Fresh Start Through a Discharge of Debt

Chapter 7 Bankruptcy allows an individual consumer over three or four months to wipe out most debts by having the United States Bankruptcy Court issue a Discharge of Debt. By filing Chapter 7, you will not have to pay back creditors.

If you qualify under Chapter 7 and state exemptions, you can get rid of all unsecured debt and keep your house, car and other property. This means that the person filing the Chapter 7 bankruptcy will not be required to pay back those types of unsecured creditors.

Types of unsecured debt includes:

• Medical bills after a long illness
• Credit card debt
• Civil judgments

Unsecured debt does not include past due child support payments, most school loans, some taxes and a few other types of debt that a bankruptcy lawyer will be able to discuss with you.

Chapter 7 is best for people who are overwhelmed with debt and who have no other options. If you have a lot of equity in real property, or have secured goods, such as automobiles, boats, furniture, appliances, and electronics, with which the debtor does not wish to part, you should consider a Chapter 13 bankruptcy.

Contact Castle Law Office for Debt Relief Assistance

The choice of a lawyer in a bankruptcy case is a very important one. Castle Law Office is a debt relief agency that assists people with bankruptcy under the bankruptcy code. Contact Castle Law Office today at 816-842-6200 to discuss your options.