Bankruptcy Chapter 7

Chapter 7 bankruptcy, also called liquidation, is the most common type of bankruptcy and completely eliminates your dischargeable debts forever. Individuals who qualify for Chapter 7 bankruptcy have proven to the court that they have no realistic way to repay their debt over the course of the next three to five years. Through careful planning with a qualified attorney, a Chapter 7 debtor is legally excused from having to repay any unsecured debts, and most debtors are able to keep all of their assets. Certain debts cannot be cleared through Chapter 7 bankruptcy, such as student loans, child support, alimony, some taxes, and personal injury damages while intoxicated. Typically it takes a total of about four months for a Chapter 7 bankruptcy case to be filed and discharged.

Oftentimes, what might seem like a simple and easy case can have disastrous results if the right questions are not asked by a qualified and experienced bankruptcy attorney. It is very important to use only a qualified and experienced bankruptcy attorney in order to avoid negative results.

Our Chapter 7 bankruptcy attorney in North Hollywood, CA will help you take a new start when it comes to getting rid of debt and will facilitate you to discharge your unsecured debt. We proudly provide you a qualified North Hollywood, CA Chapter 7 bankruptcy attorney who will assist you succeed complex bankruptcy cases. We’ll make sure our clients are saved from litigation as many times as possible.

Our Law Firm’s Chapter 7 bankruptcy attorney in North Hollywood, CA is known for his experience and success rate. According to the bankruptcy law, Chapter 7 is available for the ones who have qualified the Means Test. Other than that, their assets and equity also needs to be evaluated. Our Chapter 13 & Chapter 7 bankruptcy attorney in North Hollywood, CA had helped many clients who were struggling with debt for years.

When serious legal issues such as bankruptcy matters are involved, it is best to address them as quickly as possible. Our Chapter 7 bankruptcy attorney in North Hollywood, CA would be honored to help you in your financially challenging times. You can always contact us for a free initial consultation; it will be an extremely meaningful and pressure free conversation. Our tremendously skilled Chapter 13 & Chapter 7 bankruptcy attorney in North Hollywood, CA will help you find a very sensible solution for all of your financial problems.

According to the Means Test, you will have to face an evaluation of your gross household income for the last six months. If the results fall in the guidelines set by the law, our Chapter 7 bankruptcy attorney in North Hollywood, CA will make sure your case is resolved quickly. However, if your income exceeds the threshold amount, you won’t have to worry. Our North Hollywood, CA Chapter 7 bankruptcy attorney will file for you under extended means test. We have solutions for all of your problems; we let our clients know completely about debtor education, bankruptcy evaluation and a lot more. This helps in making a wise decision.

Our chapter 7 bankruptcy attorney in North Hollywood, CA understands that financial problems can occur to anyone. Life is full of ups and downs; difficult situations can arise in any age. We are there to treat all of our clients with immense respect and care that you deserve in your difficult times. Our North Hollywood, CA Chapter 7 bankruptcy attorney helps all the clients with dignity and politeness. The best thing about coming to us is that you will meet the attorney and not the paralegals. From day one you will be given a plan of action so you know all about your legal rights.

Please contact Attorney Rob R. Nichols to discuss whether Chapter 7 bankruptcy is right for you. Call Now For A Free Initial Case Evaluation (818) 914-4741.