Chapter 7 Resource Links


Filing for bankruptcy can reduce or eliminate unsecured debts such as credit card debts and medical bills. The Bankruptcy Law Offices of Stephen Johnson will use the bankruptcy laws to obtain debt relief for you.

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Frequently Asked Questions About Chapter 7 Bankruptcy

Q: How does Chapter 7 liquidation work?

A: In a Chapter 7 case, the debtor must relinquish his or her nonexempt property to a bankruptcy trustee, who then converts the property into cash by selling it and pays the debtor's creditors from the sale proceeds. In return, the debtor receives a Chapter 7 discharge of certain debts if he or she is eligible for such a discharge, pays the filing fee, completes a personal financial management course and obeys the court's directives.

Q: Are all debtors automatically eligible for a Chapter 7 discharge?

A: No. A debtor may not be eligible for a discharge under Chapter 7 if he or she has been granted a discharge in a Chapter 7 case within the last eight years. Debtors who engage in certain fraudulent conduct related to the bankruptcy or their financial situation also may not be eligible for discharge. In addition, if the debtor refuses to answer questions or obey orders of the bankruptcy court, the court may refuse to grant a discharge.

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For most consumers, life before bankruptcy is fraught with financial difficulties. It is important to remember that although bankruptcy is not the first resort, it is best not to wait too long to take action. If you are facing what seems to be insurmountable debt, contact a chapter 7 attorney at once in order to make the best of a bad situation.

U.S. Bankruptcy Courts
A brief overview of the structure and function of bankruptcy courts.

Bankruptcy Basics: Chapter 7
Basic overview of liquidation under Chapter 7 of the Bankruptcy Code.

Bankruptcy: An Overview
A general overview of the topic of bankruptcy, along with state and federal materials, from Cornell University.

U.S. Bankruptcy Courts by State
Links to U.S. Bankruptcy Court sites.

Official Bankruptcy Forms
From the Administrative Office of the U.S. Courts.

Bankruptcy Rules
Links to official Bankruptcy Rules.

Experian
Features consumer information about credit reports, establishing credit, risk scores and more.

Trans Union LLC
Features consumer FAQs on credit reports.

National Foundation for Credit Counseling
Features credit facts, budget calculators and more.

Contact a Lawyer Today

For a free consultation with the Bankruptcy Law Offices of Stephen Johnson in Auburn, including Lincoln, Rocklin, Roseville, Sacramento, Redding, Chico, Colfax, Truckee, Nevada, Yolo, Shasta, Tehama, and Amador, California, Call 530-823-3655, or contact us online.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.


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