Answering Your Questions About Chapter 7 Bankruptcy
Many people believe they do not qualify for Chapter 7 bankruptcy because of recent changes to bankruptcy laws. This is a common misconception that we regularly address at Sobti Law Group. It is difficult to know which bankruptcy options you are eligible for unless you consult with a skilled attorney.
To find out if you qualify for Chapter 7, contact us online or call our law offices in Beaumont, Corona and Orange California, at 888-627-8013 to schedule a free consultation. Our team will analyze your case and let you know if Chapter 7 or Chapter 13 bankruptcy is right for you.
What is Chapter 7?
Chapter 7 Bankruptcy provides for total liquidation of your outstanding unsecured debt, unlike Chapter 13, which requires you pay back your creditors over a three to five-year period. In Chapter 7, your credit card debt and other eligible debts are discharged, meaning you are no longer required to pay them back when the process is complete. At Sobti Law Group, we can walk you through Chapter 7 bankruptcy and ensure that all the required documents are filed accurately and in a timely manner.
Keep Your House & Belongings
Many people are relieved to find out that filing for bankruptcy can prevent them from losing their homes and other possessions. As soon as you file, you are granted an automatic stay, preventing creditors from garnishing your wages or going after your property.
If you are facing foreclosure, filing for bankruptcy is one of the most effective ways to stay in your home. Contact a knowledgeable lawyer at Sobti Law Group, at 888-627-8013 to prevent foreclosure and stop creditor harassment. You can also provide us with more information about your situation by completing our online form. Your initial consultation will be free of charge.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
