Gordon Hall Attorney at Law

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Types of Bankruptcy: Chapter 7: Chapter 7 is a federal law that gives you freedom from burdensome debts and a fresh start in your finances. Some examples of debts that may be eliminated include credit card debts, medical bills, personal loans, judgments arising from car accidents, balances remaining on repossessed vehicles, and some types of income taxes. Most people do not lose any of their property in Chapter 7 bankruptcy. The law allows us to exempt certain types and amounts of property from creditors, so that you have a true fresh start. We can make sure that you exempt everything that the law allows. If a debt is collateralized by your home or car, you can usually keep the property by continuing to make the loan payment