Chapter 7 Bankruptcy

Many people have misconceptions about Chapter 7 bankruptcy and what it does for people who have too much debt. For example, people often think that bankruptcy ruins credit, is expensive and is a complicated, time-consuming process.

None of these is true, and in my Jonesboro and Stockbridge practice, I show people just how simple, inexpensive and effective bankruptcy can be. I have worked with many people who thought nothing could get them from beneath the medical bills, credit card balances and other types of debt that put strain on entire families. After meeting with me, they see that Chapter 7 is a useful way for hardworking people to get the “fresh start” they need to get their finances back on track. If you’ve been wondering if bankruptcy can help you, it most likely can, and I will help you take advantage of the benefits of bankruptcy.

If I determine that you are a good candidate for Chapter 7 bankruptcy, I can complete the filing process in approximately one hour. Call 770-603-6572 for a free consultation with a lawyer.

How Chapter 7 Bankruptcy Can Help You Discharge Debt

Chapter 7 is often referred to as “liquidation” because the process involves identifying personal assets that can be sold to raise money to pay off some portion of debts owed. In most cases, however, people can keep their cars and other personal property that they need.

Approximately a month after bankruptcy is filed, people have to attend a meeting where a “bankruptcy trustee” will go over the individual’s debts and discharge plan. This is sometimes known as a “341 meeting,” and while creditors are invited to attend, this meeting is usually just a formality.

I work closely with my clients at every stage of the bankruptcy process. Bankruptcies are usually finalized within two months of the 341 meeting, meaning that most of my clients have a “clean slate” within just a few months of when they first meet with me.

Don’t Delay Getting The Help You Need And Deserve. Contact My Firm Now.

Whether you seek medical debt relief or an end to harassment from credit card companies, I can help you. Contact my law office, Hammond & Hammond, P.C., for a free consultation. Call 770-603-6572 or send an email.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.