There are various debt relief options with bankruptcy being a popular choice. Millions of Americans have filed for bankruptcy and the number keeps on growing with more and more people choosing Chapter 7, which has a success rate of over 90 percent.
The dictionary defines Chapter 7 as "a part of the US law dealing with bankruptcy in which a person or company's property may be taken by a court and sold in order to pay back debts to the creditors."
It doesn’t require the applicant to submit a plan of repayment and only involves the sale of nonexempt items. Assets such as the house are exempt.
It’s the most popular type of bankruptcy applied for in the country with a success rate of more than 70 percent.
Chapter 7 is easier than other types and can take up to four months to process. Consider hiring the services of a professional to make the process easier.
It is important to work with a lawyer you can trust. Stiberman Law, founded by Robert Stiberman, has carved a niche in the industry by offering top services at affordable rates in and around Palm Beach Shores.
Here are a few of our main qualities:
✅ 22 Years of Experience.
✅ Free First Consultation.
✅ Affordable Plans.
✅ A Special $0 Down Option.
✅ Excellent Customer Support.
✅ Quick Reports and Results.
Have more questions about bankruptcy or our services? Call (954) 922-2283 and get in touch with an agent. We’re always available to answer all questions and offer help in both English and Spanish.
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?
We encourage people to get in touch with us and see if Chapter 7 could be the right option for you.
While it’s highly beneficial, not everyone qualifies and it might not be the right fit in all situations.
Chapter 7 is usually recommended in cases where you are worried about losing specific assets and debt is causing you mental trauma.
It can help you avoid issues such as wage garnishment, threatening calls from creditors, and the risk of foreclosure.
You can only file for bankruptcy if you meet the eligibility criteria, i.e.: prove that you do not have the means to make payments.
Contact us to know more about who should file Chapter 7 and if it could be a suitable option for you.
Chapter 7 Bankruptcy Process
Here is how the process works:
1 Meet legal advisors to ensure you qualify.
2 Prepare your documents including a list of assets and liabilities for submission.
3 Submit the required forms with the fee.
Once your documents have been submitted, they’ll be verified by the court and you will be assigned a trustee who will work on the case with you.
Meeting trustees and keeping in touch with creditors can be both time consuming and taxing. You can avoid this by having a legal team.
We at Stiberman Law can be your legal representative and file on your behalf. Book an appointment with us and let us explain how it works.
Frequently Asked Questions
Yes, we can prepare documents and file on your behalf. You will not have to worry about attending court dates when you work with us.
Most of our clients stop receiving calls within 24 hours as we’re quick to inform creditors.
You can file for bankruptcy once every eight years.
While the success rate is pretty high, some applications do get rejected due to issues such as missing documents, incorrect information, etc.
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
Got more questions or ready to file? 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.