Topic: Chapter 7

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Keeping Non-Exempt Assets in Chapter 7

When you file Chapter 7 bankruptcy, certain types of unsecured debt, such as credit card debt and medical debt are discharged (wiped out). You are also granted bankruptcy exemptions, which protect certain assets from entering into the "bankruptcy estate". Items in...

Will I qualify for a Chapter 7 Bankruptcy in California?

One of the highest “worry factors” surrounding filing for Chapter 7 bankruptcy in California is wondering if you will pass the "means test" required of all consumers filing for bankruptcy protection. As a Sacramento Bankruptcy Attorney firm, it's one of the most...

Pros and Cons of Declaring Chapter 7 Bankruptcy

Most things in life are "give and take", and Chapter 7 bankruptcy isn't much different. It's true that Chapter 7 bankruptcy can be an enormous lifeline to individuals who are suffering from crippling debt, but it does come at a certain cost. Making the decision to...

Can I Keep My House in Chapter 7 Bankruptcy?

Many individuals who are struggling with debt worry they will lose their home if they file for Chapter 7 bankruptcy. Consequently, we hear the "Can I keep my house in Chapter 7 bankruptcy" question quite often. Keeping your property in Chapter 7 bankruptcy depends on...

How to File Chapter 7 with No Money

Sometimes, paying to go broke doesn't seem like the most logical or straightforward answer to debt relief. In fact, requiring a fee to file bankruptcy, to some, seems like an oxymoron. Nevertheless, in order to discharge debts using Chapter 7 bankruptcy, there are...

Chapter 7 Income Limits for Bankruptcy in California

Bankruptcy lawyers in Sacramento California are most commonly asked how an individual can qualify for Chapter 7 bankruptcy and what qualifications or standards need to be met in order to file. Determining who can file for bankruptcy can be complicated and so seeking...