Chapter 7 Bankruptcy Attorneys
Perhaps you have been struggling to make the minimum payments on your credit cards, or medical expenses have overwhelmed you. There is no need to struggle with debt on your own. Bankruptcy protection allows many people to start over, free from debt. Chapter 7 bankruptcy allows debtors to receive a discharge of certain debts in exchange for turning over assets to a court-appointed bankruptcy trustee. Since many assets may be exempted from the bankruptcy process, you may be entitled to keep some or all of your property. The Chapter 7 bankruptcy attorneys at Edwards Phillip Amourgis, PC will work closely with you throughout the bankruptcy process to take the stress and worry out of your Chapter 7 bankruptcy case.
Qualifying for Chapter 7 Debt Liquidation
Not everyone qualifies for Chapter 7 bankruptcy relief. Your income, past bankruptcies, the number of dependents you have, marital status, the location of your home within the state, and various other factors all are relevant in determining whether you qualify. The bankruptcy attorneys at Edwards Phillip Amourgis PC will analyze your financial situation to see if you qualify for Chapter 7 protection. If you do, the bankruptcy process is often short. With the help of an experienced bankruptcy lawyer, the Chapter 7 bankruptcy process is generally complete within three or four months. If you do not qualify for Chapter 7 protection, you may still be able to file a Chapter 13 or Chapter 11 case to discharge your debts.
The Discharge of your Debts
If a successful Chapter 7 case is filed, a debtor then receives a discharge that releases him or her from personal liability for certain dischargeable debts. A discharge is a court order which states that you do not have to pay back your debts. However, some debts cannot be discharged. For example, you cannot discharge debts for–
- Certain taxes;
- Child support;
- Alimony;
- Most student loans;
- Fraud
- Court fines and criminal restitution; and
- Personal injury caused by driving drunk or under the influence of drugs.
Also, a discharge only applies to debts that arose before the date you filed your bankruptcy case.
Little interaction with the court or your creditors
In most chapter 7 cases, our attorneys work closely with the Bankruptcy Court, the trustee and your creditors so that you have little or no direct interaction with the Bankruptcy Court. The attorneys at Edwards Phillip Amourgis, PC act as your agent between you and your creditors and the court so that you can relax and think about how you will start your financial life debt-free. contact us .
With offices in McLean, Rockville, Columbia, Frederick, Baltimore and Washington, DC, the Chapter 7 attorneys at Edwards Phillip Amourgis, PC assist clients all over the Baltimore, Northern Virginia and Washington, DC metro area. We offer the skill and knowledge you need to help you navigate the bankruptcy process. Call 301-328-1243, toll free at 877-593-5219 or contact us online to schedule your free initial consultation.