Chapter 7 Bankruptcy Attorney In Tacoma, Washington
Get a New Financial Start With Chapter 7
Chapter 7 bankruptcy provides individuals with the opportunity to file a petition that, if approved, allows them to discharge certain eligible debts, effectively bringing an end to creditor harassment and offering a chance for a fresh financial start. This form of liquidation bankruptcy is specifically designed to help consumers escape the burden of overwhelming debts and regain control of their financial lives.
At the Law Offices Of David Smith, PLLC, our team is well-versed in the complexities of Chapter 7 bankruptcy. Our experienced attorneys will carefully assess your unique situation, taking the time to understand the specifics of your case and recommend the most appropriate course of action tailored to your needs. Don't hesitate to reach out; give us a call today to take the crucial first step toward a new financial beginning. As part of our commitment to help you, we offer a free consultation with one of our knowledgeable attorneys. Plus, our Chapter 7 services start at an affordable rate of just $499, ensuring that you have access to the support you need during this challenging time.
Call Law Offices Of David Smith, PLLC at 253-252-5897 to schedule a consultation with a lawyer today.
Benefits of Chapter 7
Chapter 7 bankruptcy gives you the ability to safeguard your exempt assets, allowing you to retain certain valuable possessions while still addressing your financial obligations. Additionally, this process provides individuals the opportunity to eliminate liens from their property, freeing them from encumbrances that could hinder their financial recovery. It can also be instrumental in preserving your home from the threat of foreclosure, giving you a chance to keep your vital living space. Furthermore, Chapter 7 bankruptcy effectively halts wage garnishment, protecting your income from being seized by creditors. This legal avenue can even facilitate the reinstatement of utility services, ensuring that you have access to essential necessities. One of the most immediate benefits is the cessation of harassing calls from creditors, providing you with peace of mind as you navigate your financial challenges. Ultimately, Chapter 7 bankruptcy can facilitate a much-needed financial fresh start, allowing individuals to rebuild their lives and work toward a more stable financial future without the burden of overwhelming debt.
Contact us for help with filing for Chapter 7 Bankruptcy
Chapter 7 bankruptcy offers a pathway for individuals overwhelmed by debt to achieve a fresh start, but it's not as simple as it might seem. To prevent high-income individuals from using this option as an easy escape, applicants must pass a rigorous means test designed to evaluate their income against the median level for their state. This test confirms that the applicant does not possess sufficient resources to repay their debts feasibly. Furthermore, before filing, individuals are required to undergo financial counseling within the six months prior to their application. Navigating the complexities of Chapter 7 requires careful preparation, making it essential to consult with Law Offices Of David Smith, PLLC.
Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
Have Questions?
If creditors are calling, wages are being garnished, or you're falling behind on bills, it's time to take control. Call Law Offices Of David Smith, PLLC at 253-252-5897 today to speak to an attorney.