What is Chapter 7 bankruptcy case?

Chapter 7 is a form of bankruptcy that allows debtors to wipe out most of their unsecured debt and any secured debt on property that debtors wish to surrender.  Chapter 7 is the quickest and least expensive form of bankruptcy.

Who can file a Chapter 7 bankruptcy case?

Businesses and individuals can file Chapter 7 cases.  Chapter 7 cases can be voluntary cases, meaning they are filed by the debtor, or they can be involuntary cases.  Involuntary cases are filed by a debtor’s creditors.  Individuals whose debts are primarily consumer debts must meet the “means test.”   The “means test” was put into place in October of 2005, and was designed to make it harder to file a Chapter 7 bankruptcy case.  Studies have shown that 98% of the people who want to file a Chapter 7 case can qualify under the means test.  Our bankruptcy lawyers can tell you whether you qualify to file for relief under Chapter 7.

What are the advantages of filing Chapter 7 bankruptcy?

One of the advantages of a Chapter 7 case is the speed with which you get your discharge. Every Chapter 7 debtor will go to a first meeting of creditors which is conducted by the trustee. One of our lawyers will attend the meeting with you. Most debtors never meet the bankruptcy judge and never have to appear in Court. The vast majority of Chapter 7 debtors receive their discharge within 120 days of filing. Once the discharge is entered, you can begin to rebuild your credit.

What does it cost to file a Chapter 7 bankruptcy case?

Fees in a Chapter 7 case must be paid, in full, before our bankruptcy lawyer we file your case. Most of our Chapter 7 fees range from $900 to $1229. These fees are comparable to those charged by other lawyers in our area. Fees may be higher in complex Chapter 7 cases. The costs, including court costs, for a Chapter 7 case range from $371 for an individual case to $399 for a joint case. This money is paid in addition to your attorney fee.

Our Birmingham and Tuscaloosa bankruptcy lawyers can explain all of your options to you. You will not be pressured to hire Dionne & Dionne, or file a bankruptcy case. Our Birmingham and Tuscaloosa bankruptcy lawyers will explain your options to you for free.

How to Get Help and Get Out of Debt

When you are ready to get out from under your crushing debt, give Don or Melinda Dionne a call at 205-349-5911 (Tuscaloosa) or 205-453-1012 (Birmingham) or click here.  When you call, tell our assistant, Ginny, that you are a website reader and she will set you up with a free, no obligation, consultation to see how Don and Melinda can help you start living again.

Tuscaloosa Office: 9217 Old Greensboro Road, Tuscaloosa, Alabama 35405 (205) 349-5911; Birmingham Office: 4 Office Park Circle, Suite 214, Birmingham, Alabama 35223 (205) 453-1012.