Wipe Out Debt With Chapter 7 Bankruptcy
Chapter 7 bankruptcy is often called a “financial clean slate,” because it completely wipes out unsecured debt such as credit card and medical debt. If you are drowning in debt and searching for a way out, Chapter 7 might be the best option for you.
At Rice & Rice, our attorneys can help you explore your debt relief options. If you decide that Chapter 7 bankruptcy is right for you, we will guide you through all aspects of the legal process.
If you do not meet the income requirements for Chapter 7, we can help you explore the option of Chapter 13 bankruptcy.
Our attorneys handle bankruptcy filings for clients in Riverside and throughout surrounding California communities.
What Can I Keep In A Chapter 7 Bankruptcy?
Many people fear losing all of their property in a Chapter 7 bankruptcy. While the law does allow the debtor’s assets to be seized and used to pay off creditors, most assets fall within bankruptcy exemptions. In other words, most people who file for Chapter 7 get to keep their house, car and personal possessions, provided they are not luxury items.
Our bankruptcy lawyers can examine your situation to help you determine how the bankruptcy exemptions apply to you, and what you can keep if you file for bankruptcy.
Solve Your Debt Problems In Months
In most cases, a Chapter 7 bankruptcy takes about four months. If you qualify, you can start over with a clean financial slate, while getting creditors off your back.
Our attorneys are here to make bankruptcy law work for you. To get started on the road to debt relief, call our law offices at 951-683-2297 or contact us online by filling out a brief contact form.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.