Call Now For A FREE Consultation (916) 459-2364


Sacramento, California Chapter 7 Bankruptcy Attorney

Filing Chapter 7 Bankruptcy in Sacramento

Are you, your family, or your business suffering from carrying the burden of debt in California and looking for a new financial future? 

We've represented and helped thousands of individuals in the greater Sacramento area start new lives debt free by filing Chapter 7 Bankruptcy.


woman debt free chapter 7 bankruptcy


Filing Chapter 7 Bankruptcy can give you a financial fresh start by potentially eliminating all or some of your debt including:

  • Credit Card Debt
  • Medical Bills
  • Repossessed Auto Loan Debt
  • Pay Day Loans
  • Personal Loans
  • Gambling Debts

The truth is that filing bankruptcy can be the best resolution for burdensome or complicated debt issues for many individuals and families; in fact, over 240,000 Californians will file bankruptcy in 2019.


How Does Chapter 7 Bankruptcy Work?

Individuals and families seeking to eliminate all or some of their consumer debt can apply for bankruptcy protection under Chapter 7 of the U.S. Bankruptcy Code. 


sacramento bankruptcy


In a Chapter 7 bankruptcy, individuals can discharge some  or all of their debt if they meet California's qualifications.

Chapter 7 filers must allow the Bankruptcy Trustee to sell their “non-exempt assets” if they are too valuable to protect.  By comparison, Chapter 13 bankruptcy allows filers to maintain their valuable assets. 



Do I Qualify for Chapter 7 Bankruptcy?

Individuals and families filing for bankruptcy must first pass a qualifying income test to determine whether they can file for Chapter 7 bankruptcy to eliminate their debt, or whether they must file Chapter 13 to pay some or all of their debt in a consolidated low interest payment plan. 


chapter 7 bankruptcy qualifications sacramento california


The bankruptcy means test measures your income and debt to determine whether you have enough available  income to pay your creditors each month, albeit at a lower interest rate during a  restructured payment plan .

Individuals can typically qualify for Chapter 7 if they have:


  • low to moderate income
  • a significant amount of debt
  • a willingness to sell their valuable assets 


How Long Does The Chapter 7 Process Take In California?

The entire process typically takes between 4-5 months, depending on your situation.

Everyone has different circumstances that can impact the approval process and the time it takes the Trustee to sell your non-exempt  assets to settle your debt with creditors.

One of the benefits of working with Liviakis Law is that you will have our legal expertise and ability to leverage our experience with the debt relief process , getting you on your way to financial freedom sooner rather than later.

Can I Recover My Credit Rating After?

Yes, with the right steps you can begin rebuilding your credit immediately after bankruptcy — but strengthening  your score can take several years depending on your score and your ability to repay creditors.


rebuild credit after bankruptcy chapter 7 sacramento


Many of our bankruptcy clients start to repair their credit scores within two years by responsibly using  secured cards or loans.

While Chapter 7 bankruptcy will remain on your credit report for 10 years, you can offset negative marks with positive and consistent financial decisions. 

At Liviakis Law, we are committed to helping our bankruptcy clients with the proper education and planning so that they can rebuild their credit and even go on to purchase a car or home.


How Do I Know Chapter 7 Is Right For Me?

Bankruptcy should be a tool for building personal wealth by saving your improved monthly cash flow, rather than paying high interest payments to a creditor.

Do not make the mistake of thinking that Chapter 7 is a cure-all. Several types of debt cannot be discharged and will remain due to creditors in full. Some types of debt that cannot be discharged or restructured under Chapter 7 include most student loans, child support, and mortgages.


sacramento bankruptcy lawyer california


The Liviakis Law Firm is ready to answer all of your questions about Chapter 7 bankruptcy and which debt relief options will give you the best opportunity to improve your situation for an improved financial future. Not all bankruptcy is the same and not all bankruptcy attorneys are the same.

Filing Chapter 7 Bankruptcy isn't right for everyone. In some cases, there may be better options such as settling debt out of court, which is another service that we provide to our clients.

At Liviakis Law we place honesty and integrity above all else, which is why we offer a free consultation to help determine if filing Chapter 7 or another debt solution is right for you.


Free Consultation
Start Your New Financial Direction

100% Privacy Guaranteed

Practice Areas

Client Testimonials

Wonderful Bankruptcy Attorney!

I retained Mr. Liviakis after a very bad experience with another lawyer who basically abandoned my case. Mr. Liviakis was thorough in his analysis of the law and the facts of the case and very prompt in responding to all of my questions. His professional handling of the case gave me confidence that the matter would be done right.

Professional and Talented Attorney

Very professional and talented bankruptcy attorney. He helped me though a very difficult situation. I recommend Liviakis to others in the community of Sacramento. Liviakis took time to answer all of the bankruptcy questions that I had. My case turned out very well. It was an easy experience and no stress at all.

They Truly Cared

After interviewing several lawyers, I decided to use Miki. Miki and his staff were knowledgeable and helpful throughout the process. They kept me informed every step of the way and made me feel like they "cared". I have worked with a number of attorneys over the past 25 years and Miki is someone whom you can trust.

Definitely Recommend

I would definitely recommend Atty. Liviakis to anyone that I know that needs help to sort out their financial problem. Very easy to talk to and always prompt when I have questions. Chapter 11 Client

Mikalah was the most informed and knowledgeable proffesional i have ever had the privilege to work with.not only did he handle our case succesfully,he treated us with dignity and respect in a very tough time. I highly recomend this attorney he is a man with integrity,a true professional. 

-Chapter 13 Client

Liviakis Law Firm was professional and empathetic to my situation. I felt that I could discuss my situation without judgment or feeling shame. I appreciated the quick communication and professional demeanor of all staff. 

-Chapter 7 Client

How Can Liviakis Law Help?


A Bankruptcy Attorney Is Important For Success


The California bankruptcy process can be long and complex, especially for individuals without any legal background or financial expertise.

Even a simple error can complicate or even lead to a dismissal of your case, which can leader to a further strain on your time and resources. At Liviakis Law, we've helped individuals eliminate tens of millions of dollars in debt while protecting their assets from creditors.

We act as your legal and financial guide to help you through the bankruptcy process and protect the assets that are most important to you -- while eliminating as much debt as possible to help you build your new financial future.


person celebrating financial freedom from debt


We Give Our Clients More Than Just A Restart


Financial freedom requires more than just a restart, it also calls for a change of mindset.

We work with those that have honest intentions of building a financial future and provide tools and education in addition to legal counsel.


Affordable Fees & Plans


At Liviakis Law, we are committed to finding the most intelligent and creative plan to resolve debt situations at an affordable price point for our clients.

Our fee structure enables us to combine multiple legal services in a single payment or as a monthly plan, allowing our clients the flexibility to pay fees in a way that works best for them.

Our lawyers can help you find the best solution, whether that's filing bankruptcy or finding a non-bankruptcy alternative.

For more information, please contact Liviakis Law at (916) 459-2364.


Definitely Recommend

I would definitely recommend Atty. Liviakis to anyone that I know that needs help to sort out their financial problem. Very easy to talk to and always prompt when I have questions. Chapter 11 Client

Mikalah was the most informed and knowledgeable professional I have ever had the privilege to work with.not only did he handle our case successfully, he treated us with dignity and respect in a very tough time. I highly recommend this attorney he is a man with integrity,a true professional.

Chapter 7 Bankruptcy Client

About Us

For over 10 years Mik Liviakis and his team of legal experts have fought for the rights of individuals, families, and business owners in northern California to protect their homes, assets, and financial freedom from all manner of debt problems. Since 2008, Liviakis Law has represented thousands of Californians and helped eliminate over $10,000,000 in debt.

Latest Blog Posts

Loss of Income and Bankruptcy

Loss of income is one of the main reasons given when consumers file bankruptcy. Job-related financial stress and layoffs being the reasons cited most. Being unemployed and underemployed with no reliable source of income makes it next to impossible to pay your debt....