In a Chapter 7 individual or joint bankruptcy, the debt receives a discharge of most, if not all, of his or her debts.

In many instances, through a Chapter 7, you can eliminate debts such as:

• Credit card debt
• Medical bills
• Cell phone bills
• Loans from banks and credit unions
• Civil judgments, lawsuits
• Loan deficiency as a result of foreclosure of a home or repossession or surrendering of a vehicle.

The above list is not all inclusive of debts that may be discharged.

You can also stop garnishment of your wages or bank account from most creditors once your bankruptcy case is filed.

Additionally, most people are able to keep the property they own. Under Chapter 7, you may claim certain of your property as exempt.

I am a Debt relief Agency Helping People File for Bankruptcy under the Bankruptcy Code. The information on this website is for general information purposes only. Nothing on this or associated pages documents, comments, answers, emails or other communications should be construed to be legal advice for any particular individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.