Q & A


What is Chapter 7 Bankruptcy?

       This is the most common form of Bankruptcy for individuals—often called liquidation.  Debtors get to keep their exempt property, and the unsecured debts are discharged—meaning wiped out.

What debts can be discharged?

       Most common types of debt that can be discharged in a Chapter 7 include credit cards, unsecured lines of credit, medical debts, old utilities and bank fees.

       Student loan debt, money owed to the government such as taxes or overpayment of benefits, child support or spousal support are typically not dischargeable in bankruptcy.

       Each person’s situation is unique and you will need to talk to an attorney to know with certainty what can be discharged.

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