Filing bankruptcy can be confusing due to different bankruptcy types with Chapter 7 being the most popular option.
Chapter 7 provides for liquidation, i.e.: the sale of your nonexempt assets to pay your creditors. There is an emphasis on the word ‘nonexempt’ as Chapter 7 exempts certain assets to protect the applicant.
It works in a simple manner. Unsecured priority debt is paid first, next secured debt is cleared, and last comes nonpriority unsecured debt. However, filing can be quite a complicated process.
Working with a legal firm like Stiberman Law can make things easier and ensure you face no difficulty during or after filing.
The entire process can take up to 90 days and requires the submission of a variety of documents.
Contact us today to know more about Chapter 7 and the benefits it offers.
It is important to work with a legal firm you can fully trust. A few things to look for in a bankruptcy firm are:
Security: Work with a company that goes all out to take care of your private information including your financial details. At Stiberman Law, we use the latest technology to safeguard customer data and ensure it doesn’t reach unsafe hands.
Affordability: Most people who apply for bankruptcy are facing financial troubles, hence affordability is a factor that cannot be neglected. Stiberman Law understands this and offers a variety of plans including a special $0 down option that makes it possible to start without making advance payments.
Experience: While some new companies are good, there’s nothing better than an experienced law firm. We have 22 years of experience, which makes us one of the best Chapter 7 firms.
Ease: You don’t want to work with a difficult company when you’re already facing financial issues. At Stiberman Law, we put ease first and ensure you face no difficulty during or after the process. We will answer all your questions and even file on your behalf. Plus, our customer service is top notch and available in two languages, English and Spanish, to cater to a wide range of clients.
Call (954) 922-2283 today to know more about Stiberman Law.
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 for everyone who finds it difficult to pay back debts; however, not everyone may qualify.
Talk to us to know about eligibility requirements and if it’s the right option for you.
We’ll talk to you in detail and look at alternatives so you can choose the best route to get out of issues such as foreclosure, threatening calls, and increasing debt.
Chapter 7 Bankruptcy Process
Don't Let the process intimidate you, contact us and we’ll file on your behalf in five simple steps:
1 Book a FREE consultation.
2 Let us go through your documents.
3 Meet us and talk about your situation.
4 We’ll prepare and submit a report.
5 Our team will report on your behalf once we receive your approval.
We’ll take care of everything from payments to document reviews. Our team will even inform your creditors right away so you have nothing to worry about.
Frequently Asked Questions
Yes, it will impact your credit score and stay on your credit report for ten years.
Yes, partnerships can file Chapter 7. You will have to submit relevant business documents, however.
While you can file your application may not get approved due to not meeting eligibility requirements.
It can be done jointly or individually. Talk to us to know more about filing as a couple.
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 take the next step? 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.