{"id":66,"date":"2019-01-17T15:09:37","date_gmt":"2019-01-17T15:09:37","guid":{"rendered":"http:\/\/sf-tax-counsel.firmfinder.net\/?page_id=66"},"modified":"2024-01-03T16:39:21","modified_gmt":"2024-01-03T16:39:21","slug":"chapter-7-bankruptcy-attorneys","status":"publish","type":"page","link":"https:\/\/sftaxcounsel.com\/practice-areas\/chapter-7-bankruptcy-attorneys\/","title":{"rendered":"Chapter 7 Bankruptcy Attorneys"},"content":{"rendered":"\n<p>There are many reasons why individuals or companies might be unable to pay their debts. Fortunately, the law allows qualified parties to file for Chapter 7 bankruptcy and have many of their debts discharged. U.S. bankruptcy laws can be complicated and the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) added more requirements for Chapter 7 filers. You should always consult with an experienced chapter 7 bankruptcy lawyer who can help determine whether Chapter 7 is right in your situation, and who can navigate the bankruptcy process for you.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Filing for Chapter 7 Bankruptcy<\/h3>\n\n\n\n<p>As soon as you file your bankruptcy petition,\nan automatic stay goes into effect that halts all collection efforts of your\ncreditors, including lawsuits, wage garnishments, foreclosure or eviction\nproceedings, and more. Chapter 7 allows the bankruptcy trustee to liquidate\ncertain assets to pay toward your debts, though a skilled attorney will be able\nto help consumers apply numerous exemptions to protect property. For companies\nfiling for Chapter 7, the bankruptcy trustee will oversee the orderly liquidation\nof the business and debt payment.<\/p>\n\n\n\n<p>At the end of a successful Chapter 7 case, the\nbankruptcy court will discharge remaining debts, including:<\/p>\n\n\n\n<ul>\n<li>Credit card balances<\/li>\n\n\n\n<li>Medical bills<\/li>\n\n\n\n<li>Overdue rent and utilities<\/li>\n\n\n\n<li>Personal loans<\/li>\n\n\n\n<li>Some tax debts<\/li>\n\n\n\n<li>Certain legal judgments<\/li>\n<\/ul>\n\n\n\n<p>After a discharge, you will have no further\nlegal obligation to make any payments on those debts again, which can free up\nfunds for your mortgage, auto loans, and other nondischargeable debts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Find Out How Our Chapter 7\nBankruptcy Lawyers Can Help <\/h3>\n\n\n\n<p>Many people and companies benefit from Chapter 7 bankruptcy, though the process can be confusing. To avoid any unnecessary delays or complications, you should speak with a bankruptcy attorney at Diosdi &amp; Liu, LLP before filing. Call us at <a href=\"tel:833.829.4376\">833.829.4376<\/a> or <a href=\"\/contact\/\">contact us online<\/a> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are many reasons why individuals or companies might be unable to pay their debts. Fortunately, the law allows qualified parties to file for Chapter 7 bankruptcy and have many of their debts discharged. U.S. bankruptcy laws can be complicated and the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) added more requirements for Chapter [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":125,"parent":10,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/secondary-template.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"_links":{"self":[{"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/pages\/66"}],"collection":[{"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":4,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/pages\/66\/revisions"}],"predecessor-version":[{"id":5342,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/pages\/66\/revisions\/5342"}],"up":[{"embeddable":true,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/pages\/10"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/media\/125"}],"wp:attachment":[{"href":"https:\/\/sftaxcounsel.com\/wp-json\/wp\/v2\/media?parent=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}