If you owe more money than you can afford to repay over time, you may benefit from a Chapter 7 bankruptcy attorney's services. In a Chapter 7 bankruptcy, the person that owes the money is usually relieved of financial obligations and given a fresh financial start. However, a Chapter 7 bankruptcy may also require you to sell some of your assets to pay your debts. Chapter 7 bankruptcy can also affect creditors, who often receive very little money from these settlements. Because new bankruptcy laws are constantly written and existing laws modified, Chapter 7 attorneys can help debtors and creditors cope with bankruptcy issues and decisions.