Understanding Chapter 7 Bankruptcy
When you are struggling with your finances, it is important to find help as soon as possible. Waiting for the problem to go away does nothing other than bring you more stress. If you are thinking about filing for bankruptcy, I can help. I am attorney Mark W. Lischwe, P.C., and I help clients throughout Phoenix, Arizona, find the debt relief they need. Contact me online or call 602-252-7552 to schedule your free initial consultation.
Unlike some lawyers who pass their clients off to paralegals or associates, when you hire me, you will work with me throughout the process. I help clients determine if they qualify to file for Chapter 7 bankruptcy, and if they do, helping them determine if it is their best option.
Filing for Chapter 7 Bankruptcy
Filing for bankruptcy is not something most people do more than once, so if you are confused, that is understandable. Many people wonder if they will be able to keep their assets, which debts can be discharged and what will happen after they file bankruptcy. When I meet with clients, I take the time to answer all theirs, and make sure they have a good understanding of what to expect from every step in the process.
To make sure I have a good understanding of my client's situation, I ask questions such as:
- Do you have enough debt to justify filing?
- What unsecured debt do you have?
- What do you want to keep — home, car, boat, etc.?
- Given the payment amounts, what can you afford to keep?
After examining the situation of my clients, I help them determine if bankruptcy is the right choice for them. I help them complete the notices required by law, look at the exemptions, fill out the intake form and determine if they qualify for Chapter 7.
I work with clients to help them understand what life will be like after filling for bankruptcy. I encourage clients to live by their budget, because they will not have access to a lot of credit once they have filed bankruptcy. Schedule your free initial consultation by contacting me online or by calling 602-252-7552.