Palm Beach Chapter 7 Bankruptcy
If you are facing financial trouble, it is important to recognize that legal help is available. Chapter 7 is a type of bankruptcy that could result in the discharge of many or all of your debts. Filing for Chapter 7 will also result in an “automatic stay,” which halts harassing phone calls and letters from creditors and debt collectors.
For more information, speak with a Palm Beach Chapter 7 bankruptcy attorney from Eric N. Klein & Associates, P.A., at 561-353-2800. Our legal professionals are ready to discuss your situation and help determine if Chapter 7 is right for you.
How Does Chapter 7 Bankruptcy Work?
To begin the Chapter 7 filing process, you will have to file a petition with your local court. On this petition, you will typically list the following:
- Wages
- Expenses
- Liabilities
- Assets
- Contracts with other debtors
If you are married, you can file for Chapter 7 with your spouse. Once the petition is filed, your creditors will be informed that they can no longer attempt to collect on your eligible debts. However, the bankruptcy process can be very complicated, especially for those without legal experience. This is why it is recommended that you hire a knowledgeable bankruptcy attorney who can guide you through the process.
Contact Us
If you are considering bankruptcy, call the Palm Beach Chapter 7 bankruptcy lawyers of Eric N. Klein & Associates, P.A., today at 561-353-2800. Our experienced attorneys are ready to help you get back on solid financial footing.
