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Tag Archives: Chapter 7 bankruptcy

What Happens if My Creditors Object to a Discharge?

Obtaining a discharge is the primary purpose of filing bankruptcy. For Chapter 7 petitioners, the bankruptcy discharge begins their journey to a “financial fresh start.” The same is true for Chapter 13 filers who achieve personal and financial satisfaction when they successfully complete their repayment plans. A discharge means creditors may not seek further collection […]

Options for Your Property When You File for Bankruptcy Protection

Chapter 7 bankruptcy gives you the opportunity to liquidate your debt and provides a “fresh financial start” at the completion of your case. Some people may mistakenly believe that they will lose all of their personal property when they file Chapter 7, but this rarely happens. In fact, your personal property can be classified under […]