If you are looking for a Chapter 7 bankruptcy attorney in Pomona, lets guide you through what is Chapter 7 Bankruptcy.
Chapter 7 Bankruptcy is a complete discharge of most unsecure debts. Examples of unsecure debt include credit card debt, personal loans, eviction debts, utility bills, uninsured car accident judgments, deficiency amounts owed on repossessed or surrendered vehicles, and other similar debts. Generally, Chapter 7 bankruptcy will not discharge debts derived from certain types of tax liability, government fines, forfeitures, restitution, criminal or fraudulent conduct, child and spousal support, drunk driving, most student loans, and debts resulting from intentional and malicious injuries.
A Chapter 7 Bankruptcy is available to people with secured debts as well.
In a Chapter 7 Bankruptcy, debtors with secured debts may keep collateral or surrender it for discharge.
On average, completing a Chapter 7 Bankruptcy typically takes around 3 months. Within 30 to 40 days of filing the petition, the Debtor must appear for a hearing. Assuming no complications arise, the person with debt typically receives a Notice of Discharge about 3 months after the hearing. Creditors receive notice of the hearing and may attend. A person with debt may file for Chapter 7 Bankruptcy only once every eight (8) years..
Please call the Hedtke Law Firm at 909 736-3111 to schedule a free consultation. You can view the reviews of your chapter 7 Bankruptcy attorney Pomona on Google