Bankruptcy Essentials Chapter 7 Essentials
Chapter 7 is an ideal way to wipe out your unsecured debts. It doesn’t matter how much you owe in unsecured debt. You could owe $5,000, you could owe $50,000, you could owe $250,000, or you could owe $1 million. When you successfully complete your Chapter 7, you walk away with a discharge after about four months, and you are free and legally released from those debts. Your debts have been forgiven, and you can enjoy your fresh financial start.
Step One: We will help you complete your bankruptcy petition.
A Chapter 7 bankruptcy is started by the filing of a document called a petition. We will meet with you for approximately an hour, and we will complete the forms required for the filing of your Chapter 7 petition.
One of the main purposes of Chapter 7 is to wipe your financial slate clean, and to give you a complete fresh start, so that you have the opportunity to look forward towards a brighter financial future. Chapter 7 will free you of burdensome debt and will stop creditors from calling you and driving you nuts. It should also help relieve the stress. Get debt relief and stress relief.
You can be thankful that the law in the United States gives you the opportunity for bankruptcy protection. The reality is that Congress established bankruptcy laws to give honest people who get into honest debt an opportunity for a fresh financial start. We believe that in 2010 close to 2 million people will file for bankruptcy. When bankruptcy is done properly, it can be a very positive experience. Keep in mind that there is a light at the end of the tunnel. In most situations our clients get not only substantial debt relief, but also immediate stress relief.
Read more: Chapter 7 Start Fresh and Honorably Discharge Your Debts
1. Your Home
We can usually stop mortgage company foreclosure proceedings or sheriff sales.
2. Your Landlord:
If your landlord is trying to evict you, we may be able to stop that.
3. Your Utility Companies:
If you are behind in your utility bills, we can notify utility companies so that your utilities are not shut off. If your utilities have been shut off before your bankruptcy has been filed, the utility companies normally must promptly turn your service back on after your bankruptcy has been filed.
What to Bring With you
Be Prepared and Win
Please Make Sure To Bring:
1-A Government Approved Photo ID (Make sure your ID is valid and has not expired)
2-Your Social Security Card
3- Copies of your last 2 years Tax Returns. The trustee will normally want to see your tax returns for the last two years, so please be sure to bring them unless for some reason you were not required to file tax returns.
4- A couple of recent pay stubs
The trustee will normally want to see one or two recent pay stubs. Bring a pay stub that shows what your average weekly or biweekly income is. Don't bring a pay stub that shows too much income because of unusual overtime. Don't bring a pay stub that shows too little income because it does not cover a full pay period.
Read more: Prepare For Your Meeting With The Chapter 7 Trustee
In order to have a successful Chapter 7 case, you need to do your part in providing us with the information and documentation required by the bankruptcy laws.
The following is a brief list of what we will need from you so that we can move forward with successful filing and completion of your case.
Legal fee…………..………………………….$996
Bankruptcy Court filing fee…………..…….. $299
Fee for Cricket pre-bankruptcy counseling ……...... $36
Fee for Cricket post-bankruptcy counseling …….... $24
Total: $1,295 to our office, plus $60 to counseling agency
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Contact Law offices of
Seymour Wasserstrum
205 W Landis Ave
Vineland, NJ 08360
1040 Kings Highway North Suite 404
Cherry Hill, NJ 08034
Phone: 856-696-8300
Toll Free: 1-888-845-4533
Fax: 856-696-3586
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