Chapter 7 Bankruptcy Lawyer

A Chapter 7 lawyer represents individuals who file for personal bankruptcy under Chapter 7 of the U.S. Federal Bankruptcy Code. At Yesner & Boss, P.L., our lawyers possess the qualifications to help people file for bankruptcy under this and other Chapters as well. Chapter 7 is perhaps the most generous of all the bankruptcy Chapters. Not only does it allow for total debt forgiveness in many cases, but under Chapter 7 certain personal assets are completely off limits to creditors, including child support payments, alimony, workers’ compensation benefits, and veterans’ benefits. However, in order to qualify for Chapter 7 protection, one must pass a strict “means test.” This test is designed to prevent people with high income levels from eluding their debt obligations. If this sounds confusing, a Chapter 7 bankruptcy lawyer at Yesner & Boss, P.L. will be happy to explain how the process works in more detail.

Other common bankruptcy Chapters include:

• Chapter 11 – debt reorganization for businesses followed by a structured repayment plan

• Chapter 13 – debt reorganization for individuals followed by a structured repayment plan

If you are experiencing financial difficulties and don’t know what your options are, a Chapter 7 lawyer from our firm can give you the advice you need to make well-informed decisions regarding your financial future. The first step will be to determine which bankruptcy Chapter you qualify for, and then file all the necessary paperwork to get your bankruptcy case underway.

For more information, contact Yesner & Boss, P.L.