Chapter 7

It’s not uncommon nowadays for people to fall behind on their bills, expenses, and financial obligations. All it takes is one unpredicted job loss, one unexpected illness, or one sudden family emergency for a person in an otherwise excellent financial position to suddenly find themselves over their head with too much debt. For people with this type of mounting, inescapable amount of debt, bankruptcy provides the relief they need to get a handle on their finances and become financially stable once again.

The primary purpose of chapter 7 bankruptcy is to eliminate your legal obligation on unsecured dischargeable debts.  The debtor has no liability for discharged debts.  Bankruptcy law eliminates your legal obligation on secured debts such as the debtor’s personal residence or motor vehicle.  In some instances debtors reaffirm on secured debts and reinstate the prior legal obligation and continue to make regular payments and enjoy the use of their property. A chapter 7 bankruptcy discharge is not absolute and is only available to an honest debtor. 

Chapter 7 is one of the most common and least complicated forms of bankruptcy. As a bankruptcy attorney who has handled numerous Chapter 7 filings, I can help you understand how this type of bankruptcy may be beneficial to your case. My goal is to get you the debt relief you need in order to regain control of your debts and alleviate the stress that your financial troubles may be causing.

To schedule a free consultation to discuss bankruptcy in Detroit, please contact Cartwright Law Firm, P.C., at (313) 259-7427.  We offer affordable legal fees which are personalized to fit your budget.