Chapter 7 Bankruptcy

Vanacore Law Office has attorneys who can assist eligible clients in filing a Chapter 7 bankruptcy. Chapter 7 bankruptcy is the appropriate choice for those who are swamped with unsecured debt, such as medical bills and credit card debt. Not everyone qualifies for Chapter 7. Qualification is based on an individual’s income and assets.

In a typical Chapter 7, you get to keep your assets and discharge your debts.  Once you file a Chapter 7, the bankruptcy court issues an order which prevents creditors from continuing to collect what you owe.

It is possible to discharge a great deal of debt with bankruptcy. However, some debts can never be erased including:

  • Child support
  • Alimony
  • Student loans
  • Certain taxes
  • Fines and other court ordered restitution