Seeking Relief for People Struggling With Unsecured Debt
Chapter 7 bankruptcy can be a good debt relief option if you have large amounts of unsecured debt, such as medical bills or high credit card balances. For many people, it can be a challenge to keep up with the minimum monthly payments. Even if you are able to make regular payments, it often seems that they only cover the interest and you make little or no progress on the actual amount you owe.
When you file for Chapter 7 bankruptcy, you can get out of this vicious cycle and get a fresh start by completely erasing your unsecured debts. Certain criteria need to be met in order for you to qualify for Chapter 7, including passing the means test and other considerations. At Thompson Law Firm, our Chandler Chapter 7 bankruptcy filing lawyer has helped countless people across the Phoenix metro area get a fresh start through Chapter 7 bankruptcy.
Questions About Chapter 7? Talk to a Gilbert Debt Discharge Lawyer.
There is a strong and unfair misconception about Chapter 7 that everyone who files under this chapter will lose everything they own. While it is possible that some property could be sold to raise funds to repay your debts, federal law protects many assets as exempt in bankruptcy, including a home and home furnishings, a vehicle, clothing and other property valued according to statutory guidelines. Many people, however, don't lose any property in these proceedings.
When you hire our firm, we will be there with you at every step in the process, working to ensure that your interests are protected to the fullest extent possible. If there is property you wish to keep after bankruptcy, we can help you complete reaffirmation agreements that protect your right of ownership.
Schedule a Free Consultation With an Arizona Chapter 7 Attorney
Contact our office today to learn more about our bankruptcy services and what we can do to help you. We offer a free one-hour consultation to all new clients. We are available during regular business hours from 8:30 a.m. to 5:30 p.m. Monday through Thursday, from 9 a.m. to 1 p.m. on Fridays and by appointment. You can reach us toll free at 800-584-1803 or via e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
