Chapter 7 bankruptcy eliminates unsecured debts and you do not ever have to pay them back.
Examples of unsecured debts are: major credit cards, department store charge cards, medical bills, personal loans, most civil judgments, small claims judgments, cash advances/pay day loans (subject to meeting dischargeability criteria), deficiency balances on cars (where the car has been repossessed and they are trying to collect the balance), etc. Generally, most unsecured debts are dischargeable.

Some debts are not dischargeable and will survive your bankruptcy even if you get a discharge. These type of debts include, but are not limited to, student loans, child/spousal support, alimony, DUI fines, and certain taxes.

If you have secured debts, or if you have financed items like your house, a car, jewelry, major appliances or electronics, in order to keep these items, you will have to pay for them. If you decide to return the items back to the creditor, if you surrender them, or if they are repossessed or foreclosed, then the amount owed becomes unsecured and is discharged in your bankruptcy.

With the new laws that passed in October 2005 (BAPCPA), we provide this information in order to give you a general idea. Each case is different and what applies to one person may not apply to another depending on the circumstances.
We offer pre-petition planning to make sure that your case is completed successfully and that your assets are protected.

We offer a FREE in-office consultation to personally review your situation and determine how we can best serve you.

Low Price Guarantee! We will beat any other attorney's retainer fee that's in writing (not including filing fee or other costs). This does not apply to any paralegal or document prep service - attorney represented cases only.

Do not be worried about the new laws that went into effect in October 2005 as our experience has shown us that most people are still able to file bankruptcy.
Our office is confident that we can give you the best services for bankruptcy with the most affordable price.

Do not be fooled by creditors who use scare tactics by telling you that you do not qualify for bankruptcy - only a legal professional like an attorney can give you that advice.

Do you hear terminology like "Means Test", "Debtor Education Classes", "Exempt Assets", "Chapter 13 Plan", and other words or phrases that make you break out in a sweat because you do not know what they mean? Don't! Come in for your FREE in-office consultation and let us explain it to you in layman's terms!

Call now for your FREE in-office consultation
TOLL FREE 1-800-398-1123