Under US federal bankruptcy law, you are entitled to a fresh start under Chapter 7 bankruptcy. Chapter 7 bankruptcy will usually eliminate most kinds of unsecured debt. Unsecured debts are things such as medical bills, credit cards, judgments resulting from car accidents, most personal loans, and deficiencies on repossessed vehicles.
With Chapter 7, you are usually allowed to keep all of your personal property. It is usually possible to reaffirm the debt, as long as your car and mortgage payments are current, and there is no significant equity in your property.
LegalHelpers.com always strives to provide excellent service by highly experienced bankruptcy attorneys at a very affordable rate. The firm has 25 offices across the country with lawyers who are available by telephone 6 days a week. The company also offers a free 24 hour bankruptcy information line to answer many questions about bankruptcy regulations and procedures.
When choosing a legal firm to represent you when you are considering filing bankruptcy, be careful to choose the best.
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