Chapter 7 Bankruptcy
At the Mazza Law Group, P.C., we know the toll that financial hardship can have on almost every aspect of your life. We also know how difficult it is to seek counsel for your financial concerns. Our goal is to guide you through the legal process so that you can understand your options and proceed toward a brighter financial future.
A Chapter 7, or “liquidation,” bankruptcy is the simplest and quickest form of bankruptcy available. You may qualify for a Chapter 7 bankruptcy, depending on whether or not you meet certain requirements regarding your income, expenses, and property. Our firm can help you determine if you meet these requirements.
Once a bankruptcy case is filed, an “automatic stay” goes into effect, forcing creditors to cease all collection efforts, including enforcement of lawsuits. This gives you a break from all of the harassing creditor phone calls and letters. Once your Chapter 7 bankruptcy is finalized, a “discharge” order is entered, freeing you from any obligation to pay your unsecured debts.
Filing for bankruptcy is not an easy decision to make. Let the attorneys at The Mazza Law Group, P.C. help you through this difficult process. In any legal matter, our attorneys need to analyze the circumstances of your situation in order to understand which option will be best for you.
If you are experiencing financial hardship and need to know if bankruptcy is right for you, contact us today.
