Chapter 7 bankruptcy
Chapter 7 bankruptcy
Discharging debt through liquidation
If you feel like you are drowning in debt, it may be time to consider filing for bankruptcy. Although filing can seem like a last resort, it is actually a viable solution for individuals and families deep in debt. At the Law Office of Timothy P. Thomas, LLC, we help clients explore the benefits of bankruptcy and determine whether it is the right solution for your financial struggle.
You may expect the following out of the Chapter 7 bankruptcy process:
Automatic stay goes into place;
Receive date of hearing with bankruptcy court;
File a Chapter 7 bankruptcy petition with our help;
30-45 days later, court hearing takes place;
Determine that you are eligible for Chapter 7 and that you pass the means test;
Your debt discharge will take place about 2 months after your hearing.
File for Chapter 7 in Las Vegas
Are you seeking legal assistance for navigating the bankruptcy process? Our firm can help you understand your options, your rights, and guide you through the process to help make it as stress-free as possible. With 25 years of experience, you can count on us to determine if you qualify for Chapter 7 and ensure that it is the right solution for your financial situation.