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Chavez Law Group

Founded by the Son of César Chávez

1-855-4CHÁVEZ·1-855-424-2839

Chapter 7

Representing Clients Nationwide

As you consider the potential advantages to filing for bankruptcy, it is helpful to begin learning as much as you can about the two types available to you, Chapter 7 and Chapter 13. Also known as “liquidation,” Chapter 7 bankruptcy is considered the way to go for individuals who have little hope of acquiring the income necessary to repay even a portion of debt.

If you are in a dire financial situation and you don’t anticipate any avenue for repaying your outstanding debts, Chapter 7 may be the best option for you. The bankruptcy attorneys at Chávez Law Group can help explain the rules of Chapter 7 and review your circumstances to see if this option is a good fit.

Filing for Chapter 7 Bankruptcy

With Chapter 7 bankruptcy, your attorney files in U.S. bankruptcy court and asks for a complete discharge of all debt. However, in order to successfully be granted the protections of Chapter 7 bankruptcy, you must meet certain residency requirements, as well as income requirements. As required by law, if you file for Chapter 7, you must also attend credit counseling sessions to help prevent this scenario in the future, and to assist you in beginning to rebuild your credit.

Benefits of Filing for Chapter 7

This option can be ideal for clients who, no matter how much they work, just fall deeper into debt and need a new start. The purpose of Chapter 7 bankruptcy is to help debtors who’ve made mistakes to start over and be able to dedicate their hard-earned income to cost of living expenses, not large debts. You may benefit from filing for Chapter 7 bankruptcy if your debts have become overwhelming and impossible to pay back.

Achieving Chapter 7 bankruptcy status allows individuals to dissolve their debt, which means you will be relieved from the obligation to pay back money owed to creditors. Although filing for Chapter 7 means the majority of your assets become the property of the bankruptcy estate, there are certain allowable exemptions that can protect you from losing your house, car, life insurance, and disability, health, or other benefits. Another valuable advantage of filing for Chapter 7: Your attorney can work to stop debt collectors from harassing you and interfering with your daily life. If your wages are being garnished, a bankruptcy ruling can make this stop as well.

If your bills keep piling up and you don’t see a way out, talk to our experienced bankruptcy attorneys for more in-depth information on the benefits of filing for Chapter 7. Please contactChávez Law Group today for caring bankruptcy advice and help with filing.

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Our Successes

$4,200,000
Auto, head injury
$1,200,000
18-Wheeler Truck Accident, broken leg
$1,000,000
Premises Liability, head injury from no warning signs
$6,500,000
18-Wheeler Truck Accident, death
$57,550,000
Premises Liability, head injury from security guard beating
$381,000,000
Environmental, exposure to arsenic and cadmium
$3,000,000
18-Wheeler Truck Accident, death
$975,000
Premises Liability, traumatic brain injury
$25,000,000
Pedestrian, death
$1,250,000
Defective Product, leg and arm injury from no safety guard
$6,500,000
Construction Site, head injury from no safety barrier
$700,000
Wage and Hour, lost benefits
$3,250,000
Product Liability, burns from fuel tank puncture
$700,000,000
Environmental, exposure to creosote
$1,800,000
Auto Accident, death
$755,000
Product Liability, burns involving a pressure cooker
$1,300,000
18-Wheeler Truck Accident, broken leg
$750,000
Product Liability, death from defective tire
$1,250,000
Product Liability, death from ineffective/improper design of restraint system
$800,000
Pedestrian, death
$1,800,000
Premises Liability, head injury
$560,000
Auto Accident, neck injury
$350,000
Premises Liability, head injury from no safety barrier on wet floor
$800,000
Removal of a Safety Device, loss of use of arm
$1,800,000
18-Wheeler Truck Accident, leg injury
$1,200,000
Civil Rights, lost property from wrong police stops
$987,500
Product Liability, burns involving aerial lift device
$4,850,000
School Bus Accident
$500,000
Delayed Ambulance, death
$500,000
Premises Liability, shooting case death
$750,000
Dump Truck Accident, broken leg
$720,300
Product Liability, injuries involving a defective spare tire
$1,000,000
Product Liability, back injury
$1,000,000
Auto Accident, death
$7,000,000
Product Liability, death involving a defective weed trimmer
$20,817,500
Product Liability, burns involving aerial lift devices
$9,000,000
Product Liability, paralysis from defective tire
$6,000,000
18-Wheeler Truck Accident, traumatic brain injury
$900,000
Premises Liability, hand burns
$2,500,000
Auto Accident, head injury
$2,500,000
Agriculture Accident, pelvic injury
$750,000
18-Wheeler Truck Accident, back injury
$1,500,000
Premises Liability, head injury from faulty stair railing
$7,000,000
Defective Product, death

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CHÁVEZ LAW GROUP
1300 W Beverly Blvd
Montebello, CA 90640

Ph: 1-855-4CHÁVEZ
(1-855-424-2839)

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