Chapter 7 Bankruptcy
Chapter 7 Bankruptcy involves debt liquidation, meaning you can discharge many of your debts without being required to pay them back. Some debts are not dischargeable under Chapter 7 of the Bankruptcy Code, such as alimony and child support. Stephanie Flynn Law will help you to understand which debts you will be able to discharge in a Chapter 7 Bankruptcy.
Many people who file bankruptcy under Chapter 7 are able to keep their property by utilizing various exemptions offered by the Bankruptcy Code. The assets you may be able to keep often include your home, vehicle, and personal possessions.
Relief from Hassling by Creditors
Are you receiving contact phone calls, threatening letters, garnishments, or repossession? A bankruptcy lawyer can help provide you relief from these types of debt collection tactics by filing under Chapter 7. Once a bankruptcy is filed, an automatic stay is put into effect, which forces creditors to cease collection activities, or face fines for violating the stay.
The Help You Need
Bankruptcy lawyer Stephanie Flynn Law can help you get the fresh start you need. Within approximately three to five months of your initial filing, your debt can be eliminated, setting you on the path to a better financial future. Contact bankruptcy attorneys at Stephanie Flynn Law or call (402) 325-8469 to discuss how filing for bankruptcy can help you.
Stephanie Flynn Law is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.