Debt | Liquidation
If you are considering bankruptcy as a solution to debt, you need to contact a legal advisor that can help you. Bankruptcy is a complex issue that should not be taken lightly. Cooper and Cooper can help advise you and help you file the correct paperwork in a timely fashion.
Chapter 7 bankruptcy generally helps you cancel many of your debts. However, it may require you to liquidate some of your tangible property to help pay those debts. Generally this process can take up to six months.
Types of debt that can be discharged through this process:
- medical bills
- collection agency accounts
- many loans such as personal, student, veterans, etc
- utility bills and fees
- credit card debt
|Chapter 7 Bankruptcy||$750||$850||Yes, depends on court|