Friday, January 8, 2010
Chapter 7 Bankruptcy Attorney | Stop Creditor Harassment - Sacramento, SF, San Jose
Chapter 7 Bankruptcy Attorney | Stop Creditor Harassment - Sacramento, SF, San Jose: "Chapter 7 Bankruptcy is a way for you to eliminate most debts and get a fresh start. By filing for Chapter 7 Bankruptcy you can wipe out many types of debts including medical bills, credit card bills, and car payments and it forces creditors to stop any form of collection activity. You will be able to keep exempt assets but you may need to surrender non-exempt assets to the trustee. In practice you may be able to keep non-exempt assets when the trustee finds that selling the assets would not be worthwhile. Thus, you may be required to surrender some types of property if you file under Chapter 7. There are exceptions to what kinds of debts will be surrendered and you should contact a competent bankruptcy attorney to evaluate your specific needs."
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