Bankruptcy Attorneys
Winterbotham Parham Teeple, a PC - Debt Relief, Bankruptcy Lawyer Los Angeles, Orange, Riverside & San Bernardino Country   Get Help Today!
800.400.9000
24 Hours - 7 Days A Week
 
Free Consultation
Family Law

Bankruptcy Chapter 7

Chapter 7 - A "Fresh Start Bankruptcy"

Bankruptcy Court

1. Chapter 7 is designed for debtors in financial difficulty who do not have the ability to pay their existing debts. Debtors whose debts are primarily consumer debts are subject to a "means test" designed to determine whether the case should be permitted to proceed under Chapter 7. If your income is greater than the median income for the state of residence and family size, in some cases, creditors have the right to file a motion requesting that the court dismiss your case under § 707(b) of the Code. It is up to the court to decide whether the case should be dismissed.

2. Chapter 7 exempts most assets. Over 90% of our clients keep everything. In Chapter 13, you keep all assets you choose, because most unsecured debts are 'as if in full'. In both chapters, all assets must be listed at time of filing.
.
3. The purpose of filing a Chapter 7 case is to obtain a discharge of your existing debts. If, however, you are found to have committed certain kinds of improper conduct described in the Bankruptcy Code, the court may deny your discharge and, if it does, the purpose for which you filed the bankruptcy petition will be defeated. Proper advise is key to a successful discharge.

4. Most general unsecured debts are discharged in Chapter 7. There are some exceptions. You may still be responsible for most taxes; student loans; debts incurred to pay nondischargable taxes; domestic support and property settlement obligations; most fines, penalties, forfeitures, and criminal restitution obligations; certain debts which are not properly listed in your bankruptcy papers; and debts for death or personal injury caused by operating a motor vehicle while intoxicated. Also, if a creditor can prove that a debt arose from fraud, breach of fiduciary duty, theft, or from a willful and malicious injury, the bankruptcy court may determine that the debt is not discharged.

Winterbotham Parham Teeple, a PC provide pre-petition planning to assure the highest protection available. Over 90% of our clients keep everything and lose nothing. We achieve this by careful planning and taking special exemptions allowed by law.

Winterbotham Parham Teeple, a PC is one of the most Experienced Bankruptcy Law Firms in Southern California. We provide legal assistance to those seeking relief under the United States Bankruptcy Code, in Southern California. We have been doing so proudly for over 30 years.

Debt Relief Our offices are located in Los Angeles, Orange, Riverside & San Bernardino counties of California.

FREE CONSULTATION - Call 24/7 for Appointment - Toll Free: 800-400-9000

 
Debt Consolidation Experts
Payment
Bankruptcy Attorneys Click Here
Orange County Bankruptcy Attorneys
Stop Letting Creditors Push You Around

Debt Consolidation Experts   Bill Collectors
Debt Consolidation Experts   Telephone Calls
Debt Consolidation Experts   Harassment
Debt Consolidation Experts   Credit Card Bills
Debt Consolidation Experts   Medical Bills
Debt Consolidation Experts   Student Loans
Debt Consolidation Experts   Back Rent
Debt Consolidation Experts   High Car Payment
Debt Consolidation Experts   Wage Garnish
Debt Consolidation Experts   Repossession
Debt Consolidation Experts   IRS-Tax Problems
Debt Consolidation Experts   Lawsuits
Debt Consolidation Experts   Judgments
Debt Consolidation Experts   Marshals
Debt Consolidation Experts   Tax Levies
Debt Consolidation Experts   Specific Liens
Debt Consolidation Experts   Foreclosure

Bankruptcy Attorneys Request An Appointment
Bankruptcy Attorneys Schedule An Appointment
Debt Consolidation Expertstoday or call 800-400-9000
Orange County Bankruptcy Attorneys
Payment
Bankruptcy Attorneys Click Here
Orange County Bankruptcy Attorneys
Debt Consolidation Experts
Free 24 Hour Info Tape
Bankruptcy Filing
Contact Info
Orange County Bankruptcy Attorneys

BROWSE OUR SITE
Bankruptcy Prevention

Home  |  Firm Overview  |  Mission Statement  |  Our AttorneysOur Staff | Debt Relief Information | Which Chapter Is For You?  |  Chapter 7  |  Chapter 13  | Request An Appointment | F.A.Q.'s  | Make A Payment  | Locations  |  Contact  |  Links  |  Sitemap

AttorneysWinterbotham
Parham Teeple,
a PC