Nashville and Middle Tennessee Chapter 7 Debt Relief Lawyers
The purpose of the Chapter 7 discharge is to wipe your unsecured debt clean and get a fresh financial start. Specifically, when you receive a discharge, you are no longer personally liable for most unsecured debt, and your creditors will be barred from taking steps to collect on these debts. Not all debts can be discharged in a Chapter 7 discharge, however. You will still have repay secured debt such as a mortgage or car, student loans, remaining IRS debt and most debt associated with a divorce such as child support and alimony. These creditors may still have the right to seize certain property after a discharge is granted.
To learn more about discharging your unsecured debt in Chapter 7 to get the debt relief you need, it is important to speak with a knowledgeable bankruptcy attorney. The law firm of David F. Cannon is a trusted source of advice and counsel for individuals and businesses suffering from serious debt problems.
What Debts Are Discharged in a Chapter 7 Bankruptcy?
Debts such as credit card bills, medical bills and other unsecured debts are discharged at the conclusion of a bankruptcy. Some debts, such as unpaid child support or alimony, certain tax obligations and, in most cases, student loans cannot be discharged. Further, if you are buying a home secured by an unpaid mortgage, or if you owe money on your car, these creditors may have the right to take this collateral if you don't continue to make timely payments.
If you work with our law firm, we will discuss the different types of bankruptcy and your budget, to make sure Chapter 7 bankruptcy will give you the debt relief you seek. If Chapter 7 is not in your best interest, our law firm will advise you about your other options.
Contact a Nashville Chapter 7 Discharge Lawyer at the Law Firm of David F. Cannon
To learn more about the Chapter 7 discharge, call 615-800-3725 or toll free at 877-696-8680. You may also e-mail our law firm to schedule a confidential consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
