Understanding Chapter 7 Discharge

Posted on Wednesday, August 24th, 2016 at 8:12 pm    

Individuals who have decided to file for Chapter 7 Bankruptcy should know that the primary purpose of the process is for them to have a “fresh start” by discharging some of their debts.

During a discharge, debtors are released from being liable to settle some of their financial obligations. The process also legally protect debtors from any actions that could be done to them by their creditors who are seeking payments. Usually, most of the debts of a person are discharged under Chapter 7. Individuals who are considering this course of action should bear in mind that the court in some cases may deny them of having a discharge. Since a discharge at some point can be complicated, individuals who are seeking for debt relief are advised to seek legal help from a skilled bankruptcy attorney.

In this situation that you are looking forward to having a fresh financial start by filing for Chapter 7 Bankruptcy, an attorney of the Bradford Law Offices, PLLC in Fayetteville may advocate for you. Find out how we may work on your behalf today by calling (919) 758-8879.