What is Chapter 7 bankruptcy?

Bankruptcy is a legal process that allows individuals or families to receive assistance with overwhelming debt.

Will everyone know about this?

While bankruptcy cases are a matter of public record, as with any law case, the only people who will know about your case are you, your attorney, and your creditors.  Bankruptcy is not publicized.

Do I lose my home?

No.  As long as you are making monthly payments and remain current on your mortgage payment, you will not lose your home.

Will I lose my car?

No. As with a mortgage payment, if you remain current on your car payments, you will not lose your car.

How long does the bankruptcy process last?

A typical Chapter 7 bankruptcy case lasts between 90 and 120 days.

What are the benefits of filing Chapter 7 bankruptcy?

If you decide to file Chapter 7 bankruptcy, most commonly you can expect:

  • A stop to creditors’ phone calls at all hours of the day
  • A stop to debt related lawsuits against you
  • A stop in any wage garnishments as a result of debt
  • To wipe out your current debt

Am I eligible to file Chapter 7 Bankruptcy?

Chapter 7 Bankruptcy is designed to assist those with a lower income than the U.S. Median Level of Income.  We can discuss your financial situation to determine what debt assistance would best suit your needs.

Required Notice: The Law Office of Matthew J. Martin is a debt relief agency. In addition to other services, I help people file for bankruptcy relief under the Bankruptcy Code.