Chapter 7
Credit Solutions, S.C.
Milwaukee Chapter 7 Bankruptcy Lawyer
Our Milwaukee Wisconsin bankruptcy lawyers will help you achieve debt relief.
Chapter 7 is called a liquidation bankruptcy. To determine whether this type of bankruptcy is right for you, call Credit Solutions. With our help, you can put this hardship behind you.
There are generally two types of creditors, secured and unsecured. Secured creditors have a lien on your property, usually on a house or a car. Unsecured creditors do not have a lien on anything you own. These debts include credit cards, utility bills, and medical bills.
A Chapter 7 bankruptcy can discharge the following unsecured debts:
- Credit card bills
- medical bills
- utility bills
- past judgments
There are some unsecured debts that a Chapter 7 cannot eliminate:
- student loans
- alimony
- child support
- income taxes
- fines or municipal tickets
- personal injury caused by a drunk driving accident
If you are current on your payments, you may be able to keep your house or car. Alternately, as a debtor, you have the option to surrender the secured item and get rid of that debt as well.
Once you file a Chapter 7 bankruptcy, the bill collectors will stop calling. A Chapter 7 filing can also prevent a utility shutoff, a garnishment or a lawsuit.
Our Milwaukee bankruptcy lawyers will provide assistance until your bankruptcy case is closed.
In order to qualify under Chapter 7 bankruptcy, and not give up anything you own, you are limited to certain assets and income. You are only allowed to file under Chapter 7 every 8 years. Most of the time, you can keep your home, car, household goods, 401(k), and pensions. If you file under Chapter 7, you emerge from bankruptcy without any future obligations to pay.
At Credit Solutions, we assist you from the moment you file until your case is closed. For consumer debt, the process usually takes about three months.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Credit Solutions, S.C.
Serving All of Wisconsin
TOLL FREE: 1-866-872-8363
Fax: 1-414-272-0102
Milwaukee, WI 53202
Credit Solutions, S.C. provides consumer bankruptcy services throughout East Central Wisconsin including Appleton, Caledonia, Chippewa Falls, Delavan, East Troy, Eau Claire, Fond du Lac, Green Bay, Kenosha, Janesville, La Crosse, Manitowoc, Mequon, Madison, Milwaukee, Mukwonago, Oneida, Racine, Sheboygan, Superior, Watertown, Wausau, Waukesha, West Allis, Wisconsin Rapids, and the counties of Brown, Dane, Kenosha, Milwaukee, Outagamie, Racine and Waukesha County.
