If you are considering filing for Chapter 7 bankruptcy protection, you may be wondering if Chapter 7 bankruptcy will be able to wipe out all of your unpaid debt. Chapter 7 is the most common type of bankruptcy, however, it is not right for everyone. As no two bankruptcy cases are exactly the same, a bankruptcy lawyer from Bronson Law Offices, S.C. will be happy to review your finances and advise you as to which of your debts may be eligible for discharge through Chapter 7 bankruptcy.
In most cases, unsecured credit card debt, medical bills, personal loans, overdue utility bills, business debt, as well as delinquent rent or mortgage payments will all be eligible for discharge through this type of bankruptcy. Unpaid child support, past due alimony payments, certain taxes, the majority of student loans, attorney fees, and penalties or fines issued by the criminal justice system are examples of debt that will not be wiped out during Chapter 7 bankruptcy. There are also instances in which a creditor may be able to obtain a motion from the bankruptcy court requiring payment on an otherwise dischargeable debt, but our lawyers will work hard to help eliminate the chances this will occur in your case.
If you want to improve the probability of having the majority, if not all, of your outstanding debt wiped out, then you need to take prompt action to secure legal representation on your own behalf. Our lawyers have more than two decades of bankruptcy experience. We understand the problems that a significant amount of debt can present and we are here to help our clients find the optimum resolution to their financial difficulties. By maximizing your state or federal bankruptcy exceptions, we can help limit the property and assets you will be required to liquidate for the purpose of repaying your debt. Our ultimate goal is to assist you in getting all of your eligible debt discharged, thus giving you the fresh financial start you deserve.
Call our law offices now so that we can review your finances and advise you as to whether Chapter 7, Chapter 13, or one of the various alternatives to bankruptcy would be able to provide you with the debt relief you seek. We offer free bankruptcy consultations, so you have nothing to lose by picking up the phone and making the call. We look forward to hearing from you.