Chapter 7 bankruptcy, also known as liquidation bankruptcy, is the most common form of bankruptcy in Brevard County, Central Florida. As the least expensive and fastest route to debt relief, Chapter 7 gives you a fresh start by releasing the debtor from all dischargeable debts.
Not everyone will qualify and not all debts are dischargeable. Exemptions usually allow the debtor keep most of their personal property even after bankruptcy is concluded.
During our free consultation, we will review the exemptions and discuss the mechanisms of a Chapter 7 filing, including what property you should expect to keep and if you should expect to turn over any to a creditor.
To understand more about Chapter 7 bankruptcy filings and if it is right for you, contact us via phone, email, our contact form for a free, confidential initial consultation.
Let us help determine if Chapter 7 bankruptcy is right for you.