Chapter 7 Defined

Chapter 7 Bankruptcy is a legal process that occurs when people file a petition with a U.S. bankruptcy court to have their debts discharged.  The Chapter 7 bankruptcy process lasts an average of 4 to 6 months.

Chapter 7 Eligibility

In order to file for Chapter 7, people must meet several requirements.  First, they must not have filed for bankruptcy in the past 8 years.  Second, they must not have a bankruptcy case dismissed in the past 6 months.  Third, people must complete credit counseling 180 days prior to filing their bankruptcy petitions and also meet the residency requirements of their state.  Finally, they must pass the means test.  In order to do this, their average income 6 months prior to filing for bankruptcy must be less than the state’s median income.

Should You File for Chapter 7?

When people are finding it difficult to pay their bills on time, are unemployed or struggling to manage their debts, they may start to consider Chapter 7.  Chapter 7 is a serious legal matter, which means that people should always do everything they can to understand the bankruptcy process and bankruptcy laws of their state before they move forward.  The best way people can do this is by hiring a knowledgeable bankruptcy lawyer who can review their individual circumstances and tell them if Chapter 7 is the best option.

At The Tucson Bankruptcy Law Firm our independent Tucson bankruptcy attorneys have represented over a thousand people in the United States who decided to eliminate their debts by filing for bankruptcy.  Our team is experienced in handling bankruptcy cases and very familiar with Arizona bankruptcy laws.  If you’re looking to file for Chapter 7 in Arizona, now is the time to review your options with our dedicated Tucson bankruptcy lawyers.

Tucson Chapter 7 Bankruptcy Law Firm

The Tucson Bankruptcy Law Firm is truly a results oriented bankruptcy firm.  If you would like to speak with one of our Tucson bankruptcy attorneys about your debt, contact us to set up an initial consultation!

The Tucson Bankruptcy Law Firm is comprised of independent Tucson bankruptcy lawyers that handle Chapter 7 and Chapter 13 Bankruptcy cases in Arizona.