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Questions to Ask a Chapter 7 Bankruptcy Lawyer Before Filing for Bankruptcy

Sawin & Shea

When you file a Chapter 7 bankruptcy, it is only your unsecured debts that will be eligible for discharge. This includes debts such as credit card balances, medical bills, personal loans, utility bills, back rent, mortgages, and car payments. Legal and attorney fees can vary from one law firm to the next.

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Retirement Savings in Bankruptcy in Broomfield, CO

Debt Free Colorado

Here are some factors to consider: Assessing Debt Types: Evaluate the nature of your debtsunsecured debts like credit cards may make bankruptcy a viable option, while secured debts tied to collateral may not be adequately addressed through retirement savings.

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10 Common Questions About Bankruptcy

Debt Free Colorado

Every case is unique, and every case merits the careful consideration of a law firm dedicated to providing specialized bankruptcy solutions. What Debts are Discharged in Bankruptcy? Unsecured debts , including credit card and medical bills, as well as some judgments or past taxes, may be discharged.