Chapter 7 bankruptcy is sometimes referred to as a “Liquidation Bankruptcy.” Its primary purpose is to discharge certain debts and give you a “clean slate” in a relatively short period of time. You will be able to live your life free of collector calls, overdue payments, and the stress of being sued. You will have no more personal liability for your discharged debts upon completion of your Chapter 7 bankruptcy case.
A Chapter 7 bankruptcy is available to individuals and businesses. We have been Orange County, California, Chapter 7 Bankruptcy Attorneys for over 25 years.