The most common type of consumer bankrutpcy is Chapter 7. A Debtor who files this type of bankruptcy is allowed to keep a certain amount of property in exchange for receiving an Order of Discharge of his debts. The Debtor must list all of his assets and debts in his Petition for bankruptcy. The process takes approximately 90 days and an appearance at what is called a Meeting of Creditors takes place about 30-45 days after filing. There are certain requirements to qualify for Chapter 7, and an attorney should be consulted before filing.
Will I keep my belongings? Most people are concerned that they will lose their property if they file a Chapter 7 bankruptcy. However, many clients get to keep their belongings, including their cars, houses, retirement plans and other assets.
How do I qualify? You can file Chapter 7 bankruptcy if you meet certain income guidelines. Our qualified St. Joseph bankruptcy attorneys offer free consultations. We can discuss your unique financial situation in more detail and make a determination regarding which chapter of bankruptcy is right for you.
How much will it cost to hire you? Our attorney's fees are very competitive in the St. Joseph area including all of NW Missouri & NE Kansas.
How do I get started? Do not let fears of the process or embarrassment about your financial situation keep you from getting the relief you deserve. We are here to help you get a fresh start. Contact Todd Griffee today to set up a free consultation. Contact Us at (816) 232-8001.