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Chapter 7 Fresh Start
- General Information
Do you find yourself:
unable to pay more than the minimum
on Credit Card Bills?
without a job to pay any of your
bills?
taking money from one credit card to
pay on another?
facing huge medical bills, taxes or
child support payments?
late on your house or car and
risking loss of the property?
in a divorce and you must pay part
or all of the debts?
paying on your credit cards but
never getting ahead?
unable to help your family because
of your debts?
feeling like you work for Visa or
Mastercard?
If this describes your
life, then most likely Chapter 7 Bankruptcy is the right solution for
you. Chapter 7 Bankruptcy gives you a fresh start by eliminating those
debts you cannot afford to pay while allowing you to keep all of your
property. Once these debts are wiped out in Chapter 7, you will never
have to pay them.
In general a Chapter 7
Bankruptcy will WIPE OUT MOST OF YOUR DEBTS, STOP WAGE GARNISHMENTS,
STOP REPOSSESSIONS, STOP HARASSMENT and allow you to control your
financial future. Take the first step to financial freedom - CALL
The Law Offices of Mark L. Miller at (619) 574-0551. Our
friendly staff will be happy to answer general questions about
Bankruptcy or set up your FREE - no obligation - 30 minute
consultation with the Attorney.
Stops
Creditor Harassment
Once you have filed for
protection under the bankruptcy laws, your creditors are required by
law to stop all collection activity against you. No more telephone
calls demanding payment, no lawsuits, no wage garnishments and best of
all, no more debts.
You Do Not
Lose Any of Your Property
In 99% of the Chapter 7
cases, the person filing Bankruptcy keeps all of their property.
Bankruptcy law is not meant to punish you and allows you to keep your
property under what are called "exemptions" (things you get to keep).
You keep your car, your house, your jewelry, the boat, your clothing,
everything!
Your
Bankruptcy Case
A Bankruptcy case is
like a lawsuit to get rid of your debts. Once it is filed, your
Bankruptcy case will last approximately 4 months. During that time
period, the only thing you will need to do is attend one court
hearing, approximately 30 days after the case is filed. Our office
will explain what happens at that hearing and prepare you for your
appearance and examination in court.
Eligibility
If there is any single
qualifying factor for filing Chapter 7 Bankruptcy, it is that all of
someone’s income is spent on their monthly expenses. As you can
imagine, for most people this is not a problem.
Types of
Debt
Unsecured debts, such
as credit card debt, personal loans, money judgments and certain taxes
are wiped out in a Chapter 7. However, certain debts are not
dischargeable under Chapter 7 Bankruptcy; these debts include, but are
not limited to, most student loans, certain taxes, alimony and child
or other court ordered support payments.
If a debt is secured by
property, such as a home mortgage or an automobile loan, then you
get to decide how to handle that debt. For example, you could
(1) keep the automobile and the debt (as long as you are current and
continue keep your payments current) (2) "redeem" the automobile (pay
it off at it’s current "fair market value") or (3) return the vehicle,
include any balance due in your bankruptcy and pay nothing further on
the vehicle. The choice is yours. Our office keeps you in the
"Driver’s Seat". You make the decisions, not your creditors.
The Law Offices of
Mark L. Miller will provide pre-petition planning to assure you
the highest level of protection available. More than 99% of our
clients KEEP EVERYTHING AND LOSE NOTHING. Our office can achieve
this by careful pre-petition planning and by taking advantage of the
special exemptions allowed you by law. If you live or work in the
greater San Diego area and have questions about Bankruptcy, why not
call now? We will be happy to schedule your FREE no obligation
initial consultation to answer your questions about Bankruptcy. Your
Free consultation with an attorney takes only about 60 minutes and
isn’t your financial future worth 1 hour of your time??? |
