Are you unable to pay your debt? Chapter 7 bankruptcy might be the best option for relief. Chapter 7 bankruptcy is known as liquidation, or “straight,” bankruptcy. A common route for debt relief for individuals, Chapter 7 eliminates unsecured debts from:
• Credit cards
• Personal loans
• Medical bills
• Similar loans and transactions
It does not provide relief from secured debts, like mortgage payments, student loans and past due taxes. You may have to sell some of your assets to address these debts, but, overall, Chapter 7 bankruptcy can give you a clean slate to work from, so you can rebuild your financial future.
You don’t have to come home to piles of bills on your kitchen counter. Bankruptcy could be the best option for your situation, and Chapter 7 bankruptcy specifically has helped people just like you. Filing for bankruptcy sounds like a bad thing, but it can be a great relief if you are drowning in thousands of dollars of debt.
If you are searching for a trustworthy attorney to guide you through the bankruptcy process, turn to Samantha J. Evans, Attorney at Law. Ms. Evans offers compassionate assistance for those in debt in Florence, Kentucky or the surrounding area.