What is the difference between a Chapter 7 and Chapter 13 Bankruptcy?

Transcripts A Chapter 7 bankruptcy is a liquidation bankruptcy. A Trustee can liquidate or sell your non-exempted assets. A Chapter 13 is a reorganization, it can help save your home from foreclosure. The payment to the court is based on your income, your expenses and your non-exempted assets.

What are Bankruptcy Exemptions?

Transcripts   Exemptions are assets that are protected in a Chapter 7 bankruptcy. Exempt assets can’t be sold by the trustee for the benefit of your creditors.

It is a Good Time to File Your Case, as No Office or Court Appearances are Needed to Complete the Bankruptcy Process

We continue to staff our phones and office however face to face appointments are only made if absolutely necessary. Document review and signings are being conducted via Zoom or other video conferencing technology. Be assured, we can meet most of your needs by phone or video conference. Please contact us to make arrangements to drop … Continue reading “It is a Good Time to File Your Case, as No Office or Court Appearances are Needed to Complete the Bankruptcy Process”