What Types of Debt Can Be Discharged via Chapter 7 Bankruptcy?
As Americans, most of us live with some type of debt. Whether it be from student loans, medical bills, car payments, mortgages, credit card debt, or personal loans. It has become very easy to live beyond our means, and accumulate an overwhelming amount of debt.
Recognizing this, the State and Federal legal systems have provided Bankruptcy as a legal debt relief tool. For those who have fallen on hard times and are in desperate need of relief filing Chapter 7 could very well provide the you with a fresh financial start. Many unsecured loans and consumer debts can be wiped away forever through a Chapter 7 proceeding. Debts such as
· credit card debt
These dischargeable debts are wiped out automatically when the discharge is entered.
Should you ever find yourself wondering if it is What types of debt can be debt can be discharged via Chapter 7 Bankruptcy. We would advise speaking with an experienced attorney before making any decisions or filing anything with the courts. Should you choose to speak with us, our consultations are always free. You can contact us by filling out the form below. Or we can always be reached via call or text at 720-515-9887
You have questions.
We have answers.Devon Barclay, PC
The information provided on this site is not legal advice. The attorney listings on the site are paid attorney advertising. Each of the attorneys promoted through this website are promoted based upon their willingness to pay for the advertising. This website is not an endorsement of the attorneys’ services. The site is not a lawyer referral service or prepaid legal services plan. In some states the information on this website may be considered a lawyer referral service. No attorney-client or confidential relationship is or will be formed by use of the site. Photos are models and are not actual clients. Prior results do not guarantee a similar outcome. By an Act of Congress and the President of the United States, the attorneys who advertise through this website are Federally designated Debt Relief Agents. They help people file for relief under the U.S. Bankruptcy Code. Disclosures Required Under the U.S. Bankruptcy Code.