Discharging Your Debt
Do you have too many debts?
There are many debt relief options a person can take advantage of when
they have acquired too many debts. This includes filing for
Chapter 7 bankruptcy debt relief. Chapter 7 is the liquidation of assets to pay
off creditors. After your creditors have been paid from the proceeds of
the liquidation, any remaining debts will be discharged. This means you
will no longer have a legal obligation to pay back the money that you owe.
It is a
common myth that all of your assets and property will be sold in a Chapter 7 bankruptcy.
In fact, the law allows liquidation
exemptions on many different types of assets and income, including:
- Health insurance
- Child care
- Car payments
- Healthcare expenses
- House expenses
Our San Diego bankruptcy attorney can explain
the bankruptcy process and determine if you qualify for Chapter 7 by having you take the
means test. This test establishes general financial requirements for bankruptcy,
and whether or not you have the ability to pay back creditors under
Want to discuss your case in a
Call us today at (888) 875-9190.
Skilled Bankruptcy Lawyer in San Diego – (888) 875-9190
San Diego Legal Pros is a knowledgeable debt solution law firm with
over 10 years of experience that can give you sound advice regarding your
debt situation. We can review your finances and discuss various solutions
to your money troubles, such as
debt negotiation, debt settlement, loan modification, and
debt consolidation, as well as bankruptcy. Our firm can conduct the means test and determine
your eligibility for filing a Chapter 7 bankruptcy petition and discharging
your debts. We can answer any questions you have about
debt relief and how to improve your financial future. Our goal is to provide you with
personalized communication and compassionate support throughout the entire
process. You receive high-quality service at top-notch rates.
Contact a San Diego bankruptcy lawyer at San Diego Legal Pros for
skilled legal counsel and assistance with your debts.