CHAPTER 7 BANKRUPTCY
CHAPTER 7 BANKRUPTCY Chapter 7 bankruptcy is a relatively straightforward way of getting rid of debts you cannot afford to pay. If you are eligible for Chapter 7 bankruptcy, it may be possible to get your credit card balances, medical bills and other debts eliminated within a matter of a few months. I'm Steven Bilsky , a Memphis-based attorney who has been helping clients in Tennessee achieve debt relief through bankruptcy for more than 30 years. To learn more about your Chapter 7 bankruptcy options , contact me today to schedule a free consultation. Make a Fresh Start by Discharging Unsecured Debts Chapter 7 bankruptcy — also known as liquidation or straight bankruptcy — allows eligible debtors to completely eliminate certain types of unsecured debts. An unsecured debt is a debt that is not backed by a particular piece of property like a home, car or item of furniture. Credit cards and medical bills are the most common types of debts ...