Chapter 7 is the most common bankruptcy and what most people think of when they hear the word “bankruptcy”. Sometimes referred to as a “fresh start” or “straight” bankruptcy, Chapter 7 allows those who are struggling to make minimum payments to get rid of, or discharge, unsecured debts and regain control of their finances.
There are some debts that are not discharged in Chapter 7 such as tax debt, student loans, and child support.
Many people mistakenly believe they will lose everything in Chapter 7 bankruptcy. However, in most cases people keep all of their assets and DO NOT lose their home, car, household goods, clothing and jewelry.
Chapter 7 bankruptcy is very fast and typically takes 4-6 months to complete. There is no better way to protect yourself from creditor lawsuits or stop creditor harassment.
Protect yourself today by starting the Chapter 7 bankruptcy process. Call me today at 513-792-9600 or fill out the contact form to set up your free no obligation consultation.