At Crumley & Wolfe, we help clients file for Chapter 7 bankruptcy protection. Sometimes referred to as a “total debt liquidation bankruptcy,” Chapter 7 has generally been the bankruptcy used by people who have few assets, but who carry a large amount of unsecured debt.
Your Fresh Start
Chapter 7 gives people a fresh start. It is a bankruptcy used to completely wipe out most debts in a legal proceeding conducted under the jurisdiction of the Federal U.S. Bankruptcy Court. Chapter 7 discharges debts such as credit card debt, medical bills, personal loans, delinquent utility bills, old tax debt, and deficiencies on repossessed vehicles. Under Chapter 7 bankruptcy, you will never have to pay your creditors for these types of debts. However, there are several types of debts that cannot be discharged by filing for Chapter 7. Child support, recent tax debt, student loans, and certain types of court-ordered damage awards are not dischargeable with bankruptcy.
Most of our clients are able to keep their property when they file for Chapter 7 bankruptcy. However, it is important to be current on a vehicle and/or house payments if you want to file a Chapter 7 and keep your property.
Your Credit Will NOT Be Ruined
Many people think that by filing a Chapter 7 bankruptcy, their credit will be ruined for years. This notion is simply not true. Our economy is a credit-based economy, and most of our clients are able to begin rebuilding their credit immediately after their Chapter 7 is discharged. Many of our clients are able to buy a home within 12-18 months after receiving a Chapter 7 discharge.
Stop Creditor Harassment
If you are tired of receiving harassing phone calls from your creditors, you may feel relieved to know that as soon as your Chapter 7 has been filed, your creditors are prohibited by law from calling you. You may refer any calls you still receive to our office, and we will talk to your creditors for you.
Crumley & Wolfe understands how difficult and stressful life can be when you feel as if you are drowning in debt. If you don´t think you can bring your debts under control, and need the help of a team of caring attorney, please call us at 904-374-0111 or 912-673-7499 to schedule your free consultation.