Bankruptcy Chapter 7

The majority of all consumer bankruptcy filings are for Chapter 7. For those in dire financial straits, Chapter 7 provides a means for a fresh start. Chapter 7 is oftentimes referred to as liquidation because debtors are required to sell their non-exempt resources and distribute the proceeds to creditors. Here, John Skiba discusses the basics of chapter 7 bankruptcy including what it is and who would qualify to file for chapter7 bankruptcy.

John is an Arizona bankruptcy attorney in Mesa Arizona. To contact John or to learn more about filing for bankruptcy, visit http://www.jacksonwhitelaw.com/what-we-do/get-help-filing-for-bankruptcy/

Category:

Education

Tags:

• bankruptcy chapter 7
• chapter 7 bankruptcy
• arizona bankruptcy attorney
• bankruptcy phoenix az