Chapter 7

307-690-6442

Chapter 7

Chapter 7 provides for the discharge of unsecured debts. Unsecured debts are debts like credit card debt, personal loans, and medical bills. Secured debts are generally not changed throughout the bankruptcy process. This means that the collateral remains in the debtor's possession granted the debtor makes timely payments of the debts.  Chapter 7 is always accessible to companies and individuals whose primary debt is business debt. If Chapter 7 is sought for someone whose debt is primarily consumer debt then the individual filing will have to meet certain income requirements to file a Chapter 7 petition.

Smith Law Firm LLC Is Here for You

At Smith Law Firm LLC, I focus on bankruptcy, business law, and real estate and I am here to listen to you and help you navigate the legal system.

CONTACT ME TODAY

Smith Law Firm LLC is committed to answering your questions about bankruptcy, business law, and real estate law issues in Wyoming.

I offer a free consultation and I’ll gladly discuss your case with you at your convenience. Contact me today to schedule an appointment.

Menu