Call us for help with Chapter 7 bankruptcy in the Hickory area.
If you are not a bankruptcy lawyer, you may not even realize there are multiple types of bankruptcy. Chapter 7 bankruptcy can help you return to financial solvency in certain situations, but even if you are just considering bankruptcy as an option to start again financially, you should consult with a lawyer first. Bankruptcy can help in some situations, but it is not the right choice for everyone. Here at the Law Office of Melissa Stewart, formerly Groff Law Firm, we are standing by to help clients in Hickory, North Carolina who are considering Chapter 7 bankruptcy today.
Here are some of the key components of Chapter 7 bankruptcy that you need to know:
- Many of your unsecured debts (including personal signature loans, medical bills, and credit card balances) may be discharged when you file Chapter 7 bankruptcy.
- While some of your personal property may be exempt, some of your nonexempt property may be sold in an effort to pay the debts listed above before they are discharged.
The road back from bankruptcy is not an easy one, and bankruptcy should not be filed lightly or without full information and help from a lawyer. When you call us, we will schedule a consultation with you to discuss your unique situation and options. Even if it is outside of normal business hours, we want to find a time that you can sit down and fully discuss where you are and where you want to be. If you are trying to avoid a repossession or foreclosure, Chapter 13 bankruptcy may be another option we discuss. Give us a call today to schedule a consultation.