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Tag: bankruptcy attorney

Will We See an Increase in Chapter 7 Bankruptcy Cases in 2020?

chapter 7 bankruptcy

2020 will be marked as the year of the COVID-19 (coronavirus) outbreak. With the pandemic has come business closures and Shelter in Place orders throughout the country and the world. While we are all facing this strange time together, some households in the United States are bound to feel the financial burden of quarantine and closures more dramatically. While…

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Requirements for Chapter 7 Bankruptcy Cases

chapter 7 bankruptcy

Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States. However, not everyone is allowed to have their debts discharged under Chapter 7 of the U.S. Bankruptcy Code, and the following are some basic requirements for a case. To learn whether you qualify for this type of case, speak with a Chapter 7 bankruptcy…

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Is Chapter 7 Bankruptcy the Right Choice for You?

chapter 7 bankruptcy

Chapter 7 is the most common type of consumer bankruptcy, and many businesses also file under Chapter 7 if they are liquidating and shutting down. However, just because this is a popular type of case does not mean it is the right option for everyone who is seeking relief through bankruptcy. You should discuss your situation with an experienced…

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