Chapter 7 bankruptcy, otherwise known as "liquidation," or ‘straight bankruptcy” is generally the simplest and quickest form of bankruptcy. A trustee is appointment to determine if you have any property that can be sold to pay for your debts. Individuals, families, corporations and partnerships can file for Chapter 7 bankruptcy. Most cases are "no-asset" cases, which means that you do not have your property to pay any of your debts. Many consumers have questions about Chapter 7 bankruptcy. Who is eligibility for a Chapter 7 bankruptcy? How do you keep your property? How does the process work?

WHAT IS CHAPTER 7 BANKRUPTCY?

CHAPTER 7 BANKRUPTCY-WHAT CAN YOU KEEP?

We are Chicago bankruptcy lawyers who specialize in consumer Chapter 7 bankruptcy. We are Chicago bankruptcy attorneys who help individuals and families get a fresh start. As Chicago Chapter 7 lawyers, we charge a flat fee for our Chapter 7 bankruptcy cases. Make 3 easy payments of $400 to file your Chapter 7 bankruptcy. As Chicago Chapter 7 lawyers, Thomas Law Group, P.C. is here to assist you with your questions regarding Chapter 7 bankruptcy. Call 866-848-9183 or contact us online to schedule a free bankruptcy consultation. We serve clients in the entire Chicagoland area.