Carol City Chapter 7 Lawyer

You will need the help of a bankruptcy firm when filing Chapter 7. While not mandatory, having a professional to assist you can make things easier.

Missing documents, incorrect filing, and other such issues may cause your application to get rejected. This can be a big setback as it doesn’t only result in a loss of time but money as well.

Robert Stiberman founded Stiberman Law with the intention of helping people who are already facing financial issues.

We can be your representative and provide a variety of bankruptcy-related services including consultation and filing.

What is a Chapter 7 Bankruptcy?

Both companies and individuals can apply for a chapter 7 bankruptcy. It results in the liquidation of the company’s or individual's nonexempt assets. A trustee, appointed by the court, assumes control of the assets to ensure that proceedings are distributed to creditors in a predefined manner.

Creditors are paid according to their status. Higher priority creditors are paid first. Unsecured creditors come in the end and can be paid only after secured creditors have been paid.

Your Trusted Carol City Chapter 7 Bankruptcy Lawyer

You need to work with a bankruptcy firm that offers the following:

Chapter 7 Bankruptcy can be a suitable option for people facing one or more of these issues:

• Wage garnishment.
• Stress due to debt.
• Threatening calls.
• Visiting creditors.
• Foreclosure risk.
• Fear of the loss of assets.
• Little to no income.

However, just because you face these issues doesn’t mean you can be a candidate as there is an eligibility test you must pass to qualify for Chapter 7. The test takes into consideration several factors including your income, liabilities, and assets.

Talk to us to know more about Chapter 7 and find out if it could be the right fit for you.

The process involves submitting documents to the court that are verified to ensure you meet bankruptcy requirements. You will have to visit the court multiple times unless you work with a legal firm like Stiberman Law that can be your representative and manage everything on your behalf.

Start with a free consultation and let our team take care of everything, from filing to informing your creditors. Most of our clients stop receiving threatening calls within 24 hours.

Contact us to know more about the process and book an appointment.

How long does the process take?

It can take up to four months to complete.

Is there a limit on how many times I can file for Chapter 7?

You can file for many times as you want in a lifetime; however, you must wait for eight years before reapplying.

Is Chapter 7 only for businesses?

No, it is suitable for both individuals and businesses including big corporations.

How much does it cost to book a consultation with Stiberman Law?

The first consultation is absolutely free. Contact us to book a slot.