For a Chapter 7 Bankruptcy, Look for a Leading Bankruptcy Attorney in Akron

A chapter 7 bankruptcy—commonly referred to as a “liquidation” bankruptcy—is usually the simplest form of bankruptcy. When filing a 7, the debtor must first pass a means test requirement. Assuming that his or her income is low enough to pass the test, the debtor may utilize a chapter 7 bankruptcy to completely eliminate all of the dischargeable debt he or she may have.

The bankruptcy court will take whatever non-exempt assets the debtor has and sell them. It will then divide the money among the debtor’s creditors. Whatever is not paid off in this way will be discharged in the bankruptcy proceeding, meaning that the debtor will start over with a clean slate.

Use Bates and Hausen, LLC

At Bates and Hausen, LLC, you get more than just a bankruptcy lawyer. You get qualified and compassionate help. When you come to us, we take the time to thoroughly evaluate your case. We will help you determine whether a chapter 7 bankruptcy is best for you, or whether you might consider a different form of bankruptcy.

But more than that, we will help you engage in strategic bankruptcy planning. Knowing that you will be filing for bankruptcy gives you the ability to make strategic choices regarding asset preservation. For example, given the choice between paying down debt on an exempt asset and a non-exempt one, you would usually choose the former.

We can help you understand tactics such as the above. What’s more, we provide zealous and competent representation in the bankruptcy court. If a creditor objects to the discharge of your debt, we are there to answer back and help you win your case.

Come Visit Us For an Initial Consultation

A good bankruptcy attorney can help you navigate the chapter 7 bankruptcy process. We are ready to put our expertise to work for you, and we are excited to help you move on to the next chapter in your life.

Pick up the phone and give us a call or, if you prefer, schedule a time to drop by our office. We’re here to help you, and we are happy to sit down with you and explain the process to you. Your bankruptcy lawyer should be willing and able to take the time and answer your questions. You’ll find that we go above and beyond the call of duty, and our reputation for effective service is well-deserved. We look forward to meeting you!