Skip to main content

What is the process of filing a Chapter 7?

Los Angeles, CA |

I have no assets, been unemployed for over a year, and have 2 lawsuits pending.

+ Read More

Attorney answers 6

Posted

Step One - Meet with lawyers and choose one.

Posted

Step one: consult with experienced bankruptcy attorney and ask if you even need a bankruptcy at present. If you are "collection-proof" the answer could well be "no, for now."

Best wishes for an outcome you can accept, and please remember to designate a best answer.

This answer is offered as a public service for general information only and may not be relied upon as legal advice.

Diane L Gruber

Diane L Gruber

Posted

Check out the steps for a Ch.7 in my "legal guide." It can be found on my profile page of this website.

Posted

I agree with my colleagues. If you have nothing, your creditors will get nothing. If you get a job and it pays more than minimum wage, you might be at risk for a wage levy. If that were to happen, you can file a claim of exemption on the grounds that 100% of your wages are necessary to support yourself (and spouse/children if you have them). Hold off on playing the BK card until you really need it because you can only file Chapter 7 every 8 years. If you want more assurance, contact a BK attorney offering a free consultation.

Posted

The filing of a bankruptcy petition will stop the lawsuits in their tracks and, should you receive a discharge, the suits will go away forever.

Posted

You can get free bankruptcy assistance at Public Counsel
Click on
Services
Consumer Law
Seminars and Clinics
Bankruptcy Pro Se Clinic
http://www.publiccounsel.org/seminars_clinics?id=0016
Good luck!

Posted

Step one Hire a lawyer. Step two pay him. Step three do what he tells you.

Bankruptcy and debt topics

Recommended articles about Bankruptcy and debt

What others are asking

Can't find what you're looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer