Chapter 7 Bankruptcy Liquidation

For many people, filing Ch. 7 bankruptcy is a financial rescue; a real lifesaver at just the right moment.  It’s true that the most recent bankruptcy laws have made it more challenging for many consumers to file Chapter 7, but bankruptcy remains a powerful tool. It’s designed for people who are unable to pay credit card debt, medical bills, balloon mortgage payments, or other large debts.

File WI Chapter 7 Bankruptcy

If you decide to file Chapter 7 bankruptcy with one of our Wisconsin bankruptcy attorneys, it can discharge:

  • Credit card debt, including store cards
  • Medical bills
  • Payday loans
  • Personal loans
  • Overdue Rent
  • Utility Bills
  • Judgements & Lawsuits
  • Deficient balances on cars & real estate

Free Advice About Ch.7

At Debt Advisors, we can help arrive at sensible and effective options to help eliminate your debt fast. Starting with the initial consult, we can begin to assess your situation, answer questions, and guide you towards the next best steps. Our ultimate goal is to  work with together to develop a payment plan that fits your individual situation. An important part of our job is to ensure you have a clear vision of what to expect from every stage of the bankruptcy process, including what happens after filing Ch. 7 bankruptcy. Find out if Chapter 7 is right for you and your family. Start by requesting a free phone consultation with one of our attorneys.

Request Chapter 7 bankruptcy consult

  • Qualify For Chapter 7 Bankruptcy

    Only Ch.7 bankruptcy can completely eliminate, (wipe out), debt. Another thing that makes Chapter 7 different from Chapter13 is that it doesn’t require employment. One of the first steps to determine if you qualify for Chapter 7 is to complete a Means Test. It may appear that you much money to pass the Means Test. However, certain expenses can be deducted  which may change that outcome. To get the most from bankruptcy, and ensure  documents are prepared accurately, ask your Debt Advisors attorney to assist in your qualification process.

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        • Pass Ch.7 Means Test
        • Gross Income Qualifications

Timeline of a Chapter 7 Bankruptcy

  • Chapter 7 bankruptcy begins when a Debt Advisors attorney files your petition for relief with the bankruptcy court. The court will enter an Automatic Stay order prohibiting most of your creditors from taking or continuing any collection or legal action against you. The harassing letters and phone calls must stop once your case is filed.
    • The court will mail notice of the bankruptcy to all of your creditors, assign a bankruptcy trustee to your case and set a date for your hearing.
    • Thirty to forty five days after your case is filed, you will attend the meeting of creditors. The court-appointed trustee will preside over this meeting. You will be asked to testify under oath as to the accuracy of the statements in your petition. However, most of your creditors will not appear at the meeting, and you will not appear before a judge. The meeting is very informal, and, in most cases, will last no more than five or ten minutes. Your attorney will attend this meeting with you.
    • The bankruptcy trustee will file a No Asset Report with the court.
    • You will then receive your bankruptcy discharge. The discharge is a court order that prohibits your creditors from collecting debts.
    • Under the 2005 bankruptcy code amendments, you must complete a financial management course before the court will give you the discharge. Your lawyer can refer to an approved financial management counselor.
      • Clients Talk About Ch.7 Services

        Debt Advisors attorneys help make the Chapter 7 bankruptcy process as quick and painless as possible. We provide honest answers, solid advice, direction, and support after the bankruptcy discharge. For those that have been through it, Ch.7 bankruptcy has completely changed lives for the better. Sometimes, the best way to learn more about Chapter 7 bankruptcy services is to read reviews from people who have been through it. Read our clients reviews:

      • Bankruptcy Reviews From Clients

         

     

     

Reviews by Google Users

  • 5 star review  Positive: Professionalism ,  Quality ,  Responsiveness Quickly took all the pressures of collections and calls off mine and my wife's life. Fast to respond to questions and handle any concerns. Easy to work with and month out of my discharge my credit score in mid 600s . Can't thank our team enough.

    thumb James Blue
  • 5 star review  Positive: Professionalism ,  Quality ,  Responsiveness ,  Value Michael and his staff were beyond professional, I didn’t hesitate asking them any questions, I wasn’t concerned about anything, I would highly recommend them. Their communication is on point, friendly, kind, honest, patient, fast responses I’m completely satisfied with their service.

    thumb amoshgar zahngenner
  • 5 star review  Positive: Professionalism ,  Quality ,  Value I was refered by a friend and they were very nice and helpful and answered all my questions not knowing what to expect.

    thumb Heather Helgestad
  • 5 star review  Awesome no worries no stress just done period

    thumb Yolanda Curtis
  • 5 star review  Positive: Professionalism ,  Quality ,  Responsiveness ,  Value Was awesome to work with them! They helped me through a difficult time and really helped me move forward in life. Back over 700 credit score after 2 years from discharge and buying a new house.

    thumb Anthony Padovano (AJ)
  • 5 star review  Positive: Quality They helped me with the bankruptcy case and they were very helpful in the information and they were friendly

    thumb desilu mclaurin
  • 5 star review  Positive: Professionalism ,  Quality ,  Responsiveness ,  Value Great company and so easy to work with! Would definitely recommend as they mad a difficult time in my life a little easier.

    thumb Nicole Werther
  • 5 star review  Positive: Professionalism ,  Quality

    thumb Shakima Kimbrough
  • 5 star review  Positive: Professionalism I have used Michael George at Debt Advisors a few times in the past, and enjoy the professional, knowledgeable service that he provides. His good sense of humor and easy going disposition make getting through your debt relief program a breeze! I highly recommend his services and helpful staff.

    thumb Ed Rose
  • 5 star review  Positive: Professionalism ,  Quality ,  Responsiveness Excellent communication and explanation of process. My questions were always answered in a timely manner.

    thumb Victor Perez

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