The law gives everyone the right to file for bankruptcy. Despite how it is looked at, filing can be a great way to get out of financial trouble and ensure you don’t have to worry about creditors.
Bankruptcy can be defined as a legal course undertaken by an individual or company to free itself from unpaid debt obligations.
There are many types of bankruptcies with Chapter 7 being the most popular choice. It provides for the "liquidation" of the applicant’s nonexempt assets. The amount generated by the sale is distributed to creditors according to the law.
While you can file on your own, having legal help can make things easier. Contact us to know more about our company and how it can help.
Stiberman Law is a legal firm offering a variety of services including a bankruptcy filing, foreclosure defense, and debt consolidation.
Headed by Robert Stiberman, top rated Chapter 7 lawyer, Stiberman Law comprises a team of skilled and experienced attorneys with a proven record of working in the industry.
We offer real advice after going through every minute detail to ensure you get the help that you need. You will have to submit reasons for filing for bankruptcy. An application that doesn't look ‘justified’ may get rejected, which will result in a waste of both time and money.
We go all out to ensure no such thing happens and your interest is well taken care of. We have been handling bankruptcy cases for more than 22 years and can be your partner whether you need consultation or filing help.
Call (954) 922-2283 to know more about 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.
We Can Help You To
Who Should File Chapter 7 Bankruptcy?
Chapter 7 is popular, yet it may not be right for everyone. In the first consultation, we’ll discuss different aspects of your scenario to ensure you choose the best possible option.
Bankruptcy is suitable in situations where you are sure you will not be able to clear the debt for the next few years due to financial hardships or other such reasons.
It is also suitable for people who are sick of calls and letters from creditors. You should also consider this option if you are afraid of losing your property due to foreclosure as Chapter 7 can put a stay on it.
Lastly, bankruptcy can stop creditors from taking a portion of your pay (wage garnishment) so that you can enjoy your full salary and get out of financial hardships.
Still not sure if Chapter 7 is the right option for you? Contact us today.
Chapter 7 Bankruptcy Process
Here is how the process works:
1 Call to book your free consultation.
2 Meet our team to discuss your situation.
3 We’ll review your documents and draw up a report.
4 Our team will discuss the report with you.
5 We’ll file on your behalf after receiving your consent.
6 Our team will be in constant touch with you to keep you updated.
Frequently Asked Questions
Yes, all assets, exempt and nonexempt, have to be listed when applying for bankruptcy.
We will inform your creditors within 24 hours of filing, after which you will stop receiving threatening calls. However, the process may be delayed if you apply without hiring legal help.
Yes, couples can jointly file Chapter 7.
You may have the right to reapply based on the cause of rejection. It is best that you speak to an experienced attorney like Robert Stiberman before you apply for a second time.
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
At Stiberman Law, we work with both businesses and individuals and can make the process of filing easier for you. Cal (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.