Chapter 7 bankruptcy typically erases your unsecured credit card debt, medical bills, personal loans, debts from vehicle repossession and from foreclosure. Receiving a discharge of your debts in Chapter 7 means that creditors can no longer hold you personally liable for the debts accrued or seek collection actions against you.
If you currently have a wage garnishment, filing for Chapter 7 Bankruptcy will stop the garnishment action. When you file for bankruptcy, garnishment creditors are notified of your bankruptcy filing and can no longer garnish your earned wages from the date of filing.
Hiring an attorney stops creditor calls right away. After the bankruptcy is filed creditors are notified by the court that you have filed for bankruptcy and must immediately stop collection efforts or be subject to possible sanctions.
The Law Offices of Lady Justice provides a free consultation that examines your current financial situation and help you understand whether or not you qualify for a Chapter 7 Bankruptcy. Unlike many firms, when you schedule a call with our office, you will speak directly to an attorney who will be your advocate throughout the entire process as well as personally be preparing and filing your petition with the court.