Chapter 7 Bankruptcy
You are here: Home » Chapter 7 Bankruptcy
If your debts are overwhelming and you see no end in site, you may need to consider filing for Chapter 7 Bankruptcy. This is a powerful legal tool, but should not be taken lightly. Be sure your bankruptcy attorney is equipped to be able to inform you of all that is involved in the process.
The end result of the Chapter 7 Bankruptcy filing is to have a fresh start, with most of your debt obligations having been discharged in court. This can be a very effective tool, but it is not suited for everyone. The main object of filing a Chapter 7 Bankruptcy is to obtain a discharge of all your unsecured debts. Unsecured debts are things such as credit cards, and some judgments. When the court “discharges” it simply means that you do not have to pay off any of these debts, you are no longer responsible for them.
However, there are several types of debts which cannot be discharged through Chapter 7 filing: obligations such as child support, alimony and several others are not dischargable.
To discuss the particulars of your case contact The Law Offices of Sasha Tymkowicz in Santa Ana at 714/835-8866 to schedule your free initial consultation today. Sasha can make all the difference in the outcome of your legal case. You can rest assured that you will have the right representation to obtain the best and most favorable outcome with your legal matter.