What Chapter 7 can do for you.
Chapter 7 bankruptcy is the most common, fastest and least expensive way to clear away debts. It is not available to everyone, but requires passing of a “means test” in order to qualify. There is a maximum household income limit. The numbers are adjusted frequently and take into account a six-month average for income. Call today, and we can analyze whether you qualify.
Chapter 7 bankruptcy allows most people to keep their homes and vehicles and most personal property, while immediately stopping lawsuits, garnishments and creditor telephone calls. Start to finish, most Chapter 7 cases are concluded in less than four months.