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Chapter 7 is a disaster when it comes to secured debt. . Chapter 7 will not assist you if your primary source of debt is a mortgage, auto loan, or other kinds of debt. Additionally, not all unsecureddebt is dischargeable under Chapter 7. The means test decides who can seek debt relief. medical debt .
Whether you’re facing foreclosure , repossession, wage garnishments, or relentless creditor harassment, our expertise in bankruptcy law can offer the protection and relief you’ve been seeking. Dischargeable debts are those that can be eliminated through bankruptcy.
Bankruptcy does have some benefits, such as potentially putting a stop to wage garnishments or foreclosures. to 5 years Debt limitations n/a Combined secured and unsecureddebts must be less than $2,750,000 n/a Who Can File for Each Type of Bankruptcy? Yes Yes Yes Can businesses file? A few months 3 to 5 years 1.5
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