Chapter 7

Minimize the Threat to Your Personal Property

Minimize the Threat to Your Personal Property

Contrary to what you may have heard, Chapter 7 bankruptcy does not automatically liquidate all your assets. In fact, when properly handled by an attorney like Thomas Betker, Chapter 7 debtors can exempt many of your assets from creditors.

You may also have heard that your income is too high to qualify for a Chapter 7 bankruptcy, but that may not be the case. Sit down for a FREE initial bankruptcy consultation and let us outline what is and isn't possible.
Bankruptcy

Stop All Collection Activities Now

Before you file for bankruptcy, let us educate you on legal strategies you can use to protect your assets. An initial consultation is the key to identifying the alternatives available to you.

Once you file a Chapter 7 bankruptcy petition, your creditors have to stop all of their collection activities.
  • Harassing phone calls and bills
  • Wage garnishment
  • Threats of lawsuits
You can then choose which assets you intend to keep, such as a car or home, and you will maintain your payments on those items. You will also choose which items you are willing to let go, and by doing so, you will eliminate those remaining liabilities.

Some debts, however, cannot be wiped out, including student loans, child support, alimony and certain taxes. Ask us for details. We're local and always available to help.

“We are a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code.”

Disclaimer: This website provides general information on bankruptcy as a public service. The information is intended - but not promised or guaranteed - to be current and correct. The content of the website should be construed only as advertising, and no attorney / client relationship is created by viewing the contents of this website, by filling out and submitting any contact forms or by requesting a free case evaluation.
Count on Thomas Betker for knowledgeable advice on whether to file bankruptcy.
269-983-5777
Local representation means you can always get answers to your questions!

Start Chapter 7 proceedings with a FREE consultation.

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Betker Bankruptcy Law

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