Bankruptcy is often looked at in a negative light despite offering several benefits. There are several bankruptcy types with Chapter 7 being the most popular.
It is a type of bankruptcy that is known for providing an extra layer of security as it offers certain exemptions and ensures your home and other assets aren’t lost.
The process involves submitting a variety of documents that list your assets and liabilities. These documents are submitted to the court where they are verified and checked by an assigned trustee.
It can be hard to gather all documents and ensure they’re correct. This is why many choose to hire bankruptcy firms like Stiberman Law as having a professional by your side can make things easier.
The process can be a little lengthy and takes around 90 days to complete. Not submitting all documents or having discrepancies can cause your application to get rejected.
Suitable for both businesses and individuals, Chapter 7 can help solve a lot of problems. Talk to us to know more.
Robert Stiberman heads Stiberman Law, a bankruptcy firm with one aim – to make finance easier by offering legal services. We’re a licensed firm with more than 22 years of experience.
We pay special attention to the affordability factor because we know that you’re already facing financial issues. We’ve developed a special $0 down option that lets our clients start the process without worrying about making advance payments.
You can choose from a variety of packages and get the best legal advice.
We offer free consultations and can be a reliable partner. Call (954) 922-2283 today to know more about Stiberman Law and how we can help you.
Get Immediate Legal Help
Schedule a free consultation by filling out the form below or Call us (954) 922-2283
Business Hours
Mon-Fri 8:00 am to 8:00 pm
Saturday 9:00 am to 6:00 pm
Speaking to our law firm is always 100% confidential.
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Who Should File Chapter 7 Bankruptcy?
We don’t recommend everyone Chapter 7 as there may be other suitable options such as debt consolidation.
Bankruptcy is said to be suitable in cases where you are sure you will not be able to pay off your debt in the next few years.
It might also be a suitable option if you are facing issues like wage garnishment, foreclosure, threatening calls, and growing stress.
We look at several factors to decide if one should file for bankruptcy.
Chapter 7 Bankruptcy Process
The entire process can be taxing and confusing. Working with a firm like Stiberman Law can make things simpler and faster.
We follow a simple 5-step process:
1 Contact us to book your FREE consultation.
2 Submit your documents including a list of your assets and liabilities.
3 Our team will go through the information and fix a meeting for you.
4 We’ll talk to you about your situation and prepare a report.
5 Once we get your approval, we’ll start the process and file on your behalf.
We will take care of everything from fee submission to document review. This will not only increase your chances of getting approved, but also help you save time.
Frequently Asked Questions
Unlike Chapter 13, Chapter 7 bankruptcy does not require the filing of a repayment plan.
No, in most cases you will not lose your property as Chapter 7 offers certain exemptions.
You can avoid going to court by working with Stiberman Law as we can be your legal reps.
No, the law requires applicants to mention all assets, including exempt ones.
Get Immediate Legal Help
Schedule a free consultation by filling out the form below or Call us (954) 922-2283
Business Hours
Mon-Fri 8:00 am to 8:00 pm
Saturday 9:00 am to 6:00 pm
Speaking to our law firm is always 100% confidential.
Choose Stiberman Law
Ready to file or got any more questions? Call (954) 922-2283 to talk to us.
Speaking to our law firm is always 100% confidential. We do our best to respond to inquiries in under 24 hours.
We’ll get in touch as soon as possible.
