1410 Valley Road, Suite 200
Wayne, NJ 07470
Commonly referred to as a "liquidation", in most Chapter 7 filings you will be able to keep your property, including your home, vehicles and other valuables, provided you meet specific criteria.
Under Chapter 7, a debtor may be able to discharge a large portion or the entire amount of the debt amassed.
If you have been under severe financial stress due to causes that are beyond your control, give us a call as soon as possible. Chapter 7 might be the perfect option for your situation.
A Chapter 7 Bankruptcy is designed to give individuals a fresh financial start, a discharge of the debt is usually given, though not always. Certain criteria must be met to show that an individual has made an honest accounting of the debt, current income, as well as current property.
To begin the Chapter 7 process, a client must provide the following information.
An detailed list of creditors owned and nature of their claims
The source, total amount and frequency of income
An entire, detailed list of property
A list of monthly expenses - shelter, clothing, food, clothing, etc
“We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”
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