Defeat Debt with a Chapter 7 Lawyer

It’s no secret that many individuals across the nation are facing hard times as we struggle with the recent economic crisis and increasing prices at the gas pump. It sometimes seems like we are making less money than ever, while things are costing more than ever. However, there is a way to ensure your debt doesn’t overwhelm you and defeat your plans for your life and your family. Filing bankruptcy with a Chapter 7 lawyer can help you make a fresh financial start.

There are many different types of bankruptcy in the United States, and Chapter 7 is the most common. People across the nation choose this type of bankruptcy due to unemployment, overwhelming credit card debt, unpaid medical bills, and marital problems. With the state of our current healthcare system, medical debt is one of the most popular reasons for individuals to seek bankruptcy. Medical expenses can add up quickly in a short period of time for even minor illnesses that require hospitalization. Without insurance, you can easily be over your head and out of your means in no time at all.

When you obtain the services of a Chapter 7 lawyer, you eliminate all of that debt, including overwhelming medical bills and unpaid credit cards. The system can be complex and confusing, so it is important to hire someone that can help you navigate the maze of paperwork and ensure your rights and properties are protected. In a matter of months, you can be rid of all annoying creditor calls and have someone else take care of the problem for you.

When filing for this type of bankruptcy, many individuals are worried that they will lose their house or car. However, these belongings are not considered “non-exempt” property and may need to be surrendered if the court does not believe you will be able to make the mortgage or car payment. If you can prove to the court that you can continue to make payments, they will not require you to surrender your property.

The services of a Chapter 7 lawyer can do a number of things for you including help you better understand specific bankruptcy laws and determine if this type of bankruptcy is right for you. An attorney can also analyze your debt and determine your eligibility for this type of financial bail out, while keeping you informed of what to expect during the process. The legal services will also reaffirm your secured debts and help you fill out and file all necessary forms. In no time, you can have a fresh financial start and get out from under the overwhelming burden of your debt.