If you are drowning in debt and need quick, effective relief, Chapter 7 bankruptcy may be the solution for you. Chapter 7 is known as liquidation bankruptcy because it can clear all or nearly all unsecured debt.
Debts that can be discharged in Chapter 7 bankruptcy include:
At the Law Office of Kimberly A. Sheek, we are known for our fast turnaround times and personalized guidance. Most bankruptcy petitions are prepared within 24 to 48 hours, and clients work directly with our Charlotte bankruptcy attorney from start to finish. We are here to get you through the process.
Not everybody will qualify for Chapter 7 due to income restrictions. You must make less than the median household income in your state in order to qualify (the means test). You must also attend a meeting of creditors and participate in credit counseling courses.
If you do not quality for Chapter 7 bankruptcy, you may benefit from Chapter 13 bankruptcy. Our Charlotte bankruptcy attorney can advise you of your options and discuss the best possible solution to your financial troubles.
Chapter 7 allows for a number of exemptions. Many assets, such as small items, clothing, and furniture have little to no liquidation value and can be kept in most cases. Most people are also able to keep their home and car when after Chapter 7 if they are within exemption limits. We can discuss what you may be able to keep and what you can expect during the process.
We have more than a decade of experience guiding clients through bankruptcy. We have represented thousands of cases and helped many of our clients find a fresh financial start. We listen to you and approach each case with unique solutions that serve your short- and long-term financial interests. You are not alone throughout the process because we will be there every step of the way.
Start by calling (704) 842-9776 and schedule a consultation.