Ask an Experienced Phoenix Bankruptcy Lawyer about Chapter 7 Bankruptcy!
Many people have found Chapter 7 bankruptcy to provide the fresh start they needed when overwhelmed by credit card bills and avoiding frequent telephone calls from angry creditors. Chapter 7 bankruptcy was created to help people with large amounts of unsecured debt get a fresh financial start. By scheduling a free consultation with a Phoenix bankruptcy lawyer, you can learn more about this bankruptcy protection.
Chapter 7 bankruptcy typically allows petitioners to discharge certain unsecured debts—such as credit card balances—while granting the bankruptcy trustee the power to liquidate (sell) their non-exempt property in order to pay back creditors. The key term is "non-exempt" property; the truth is, most Chapter 7 bankruptcy petitioners don't own any non-exempt property, and there is usually no sale of property. A Phoenix bankruptcy lawyer has the expertise to evaluate your assets and determine which exemptions would apply in your case. These exemptions vary, but generally include necessities like some value in a home or car, clothing, furniture, and equipment needed for work, among other things.
Chapter 13 Bankruptcy Has Helped Some People Save Their Car and Home!
Chapter 13 bankruptcy has helped certain people worried about losing their home to foreclosure and car to repossession keep this property safe. A Phoenix bankruptcy lawyer can explain how a Chapter 13 bankruptcy plan has helped people pay down their arrearages over time while continuing with their current payments. Many people with a steady income and ability to make regular payments have found Chapter 13 bankruptcy a good choice when falling behind on payments due to unexpected or emergency expenses.
Have More Questions about Bankruptcy? A Phoenix Bankruptcy Lawyer Can Discuss them at No Cost or Obligation to You.
When you start to seriously worry about your financial future, consulting with a Phoenix bankruptcy lawyer should be one of your first steps. At Total Bankruptcy, we know that choosing a safe and reliable path to financial freedom requires detailed information about the bankruptcy process. To that end, the Phoenix bankruptcy lawyers who sponsor Total Bankruptcy provide consultations at no charge and with no further obligation to you. Simply fill out our free case evaluation form or call us toll free at 1 (877) 349-1309 to schedule your consultation with an experienced Phoenix bankruptcy lawyer in your area. This is your opportunity to learn about your legal rights and options, so you don't find yourself pressured to move in a direction that might not be right you or your family. Contact us now!