Declaring Chapter 7 Bankruptcy

Chapter 7 Bankruptcy GA
What is Chapter 7?

Individuals usually file one of two types of bankruptcy: Chapter 13 or Chapter 7. Individuals can file Chapter 7 to get a fresh financial start by eliminating ALL unsecured debts. Filing a Chapter 7 bankruptcy petition can immediately pause collection efforts such as:

  • Harassing creditor phone calls
  • Lawsuits by creditors
  • Court-ordered wage garnishments
  • Automobile repossession
  • Home foreclosure

How Do I File For Chapter 7 Bankruptcy?

You must first pass a “means test” to qualify for Chapter 7 bankruptcy. The “means test” is based on expenses, household size, and income. You are only eligible to qualify if you have little to no discretionary income after paying basic essentials such as food, shelter, or transportation. One common Chapter 7 bankruptcy misconception is that you will lose your house or car. If you are current on your payments for a car or home when you file, you should be able to keep those assets.

How Can Burrow & Associates Help Me?

Chapter 7 was created to give financially exhausted individuals and families the ability to have a fresh financial start. We will help you overcome the emotional and financial burden of debt by applying our extensive knowledge of the bankruptcy process. Our bankruptcy lawyers have filed more than 14,000 bankruptcy cases since 1996.

What Do I Do Now?

To find out if we can assist you in the bankruptcy process, contact Burrow & Associates. Give us a call at (678) 323-2394 or request a consultation today. We are conveniently located in cities around the state of Georgia in AthensConyersDuluth and Morrow.

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