Is Chapter 7 Bankruptcy right for you?
This debt-relief solution is for people with basic to middle levels of income. A Chapter 7 client has limited equity in high value assets like houses or vehicles. This is a person that regularly needs all of his or her income to pay normal living expenses.
Chapter 7 removes the obligation to pay most debts, and the debtor receives legal protection from all creditors automatically upon filing. This type of bankruptcy does not require consent from the creditors, and in most Chapter 7 cases, clients keep all of their assets.
If you think Chapter 7 Bankruptcy may be right for you, contact Carlton Legal Services PLC, today!