The Benefits of Chapter 7 Bankruptcy
According to the Administrative Office of the Courts, there were 1,416,902 bankruptcy filings in 2008. With both negative and positive effects, filing for bankruptcy is understandably a hard move for many individuals to make. By understanding your bankruptcy options, you can determine whether or not Chapter 7 bankruptcy is the right choice for you.
At the Law Office of Adam G. Young, PLC, we understand that filing for bankruptcy can be a stressful and life changing decision. That is why it is important that you take full advantage of your legal options. If you believe that you might benefit from Chapter 7 bankruptcy, contact the Lafayette Chapter 7 bankruptcy attorneys at the Law Office of Adam G. Young, PLC, at 337-261-8800.
Chapter 7 Benefits
While it is clear that there are many options available to individuals suffering from unmanageable levels of debt, the benefits of Chapter 7 bankruptcy could make it the right choice for you. Below is a list of some of the potential benefits that Chapter 7 bankruptcy can provide:
- Ending creditor harassment
- Protecting some property from being liquidated
- Eliminating unsecured debt
- Providing you with a fresh financial start
If the benefits above sound appealing, filing for Chapter 7 bankruptcy could be the best option for you.
Filing for Chapter 7 bankruptcy could potentially leave you free of your debts. If you believe that Chapter 7 bankruptcy could be the best option for you, please contact the Lafayette Chapter 7 bankruptcy attorneys at the Law Office of Adam G. Young, PLC, at 337-261-8800.