Practice Areas
Washington, DC Chapter 7 Bankruptcy Lawyers
Has creditor harassment gotten out of hand? Do bills keep piling up to the point that most of them cannot be paid on time or at all? Have you received a repossession notice regarding your vehicle? Credit card debt and other overwhelming debt can spin out of control quickly. At Vail A. Kaufman, P.A., our bankruptcy attorneys help people just like you every day - people who need help now. Contact Vail A. Kaufman, P.A., for a free consultation to discuss your situation and your options.
Chapter 7 Bankruptcy: Obtaining Debt Relief
Eligible individuals may obtain relief from nonexempt debt by filing for consumer bankruptcy under Chapter 7 of the Bankruptcy Code. While not all debt obligations can be discharged (such as child support obligations, student loans and tax obligations) much of your burdensome debt can be eliminated through a Chapter 7 bankruptcy proceeding, including most:
- Credit card debt
- Past due utility bills
- Medical bills
- Default loan penalties and interest
- Other debt
A common misconception about Chapter 7 bankruptcy is that debtors are not able to keep any property, including their home. While Chapter 7 bankruptcy is essentially debt liquidation, bankruptcy laws enable individuals to keep some exempt property up to a certain amount. For example, you may be able to keep equity in your home and personal possessions up to a specific dollar amount.
At Vail A. Kaufman, P.A., we understand that filing for bankruptcy is a decision that should not be taken lightly. Our attorneys are here to answer your questions, calm your anxieties, explain your options and provide you with informative advice so that you are confident in your decision. Schedule a free consultation with an experienced Chapter 7 bankruptcy lawyer by contacting us today. From our office in Greenbelt, Maryland, we assist clients throughout suburban Maryland and the Washington, DC metropolitan area.
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