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The Chapter 7 Bankruptcy Process

For some debtors, the financial burden of debts can become completely overwhelming, resulting in an untenable situation in which you will never be able to pay off your debts or live a normal life without relief. Chapter 7 Bankruptcy offers a fresh start for Americans in such a situation, providing a means to discharge your unsecured debts and begin anew while retaining much, or all, of your personal property in the process.

If you are seeking relief from crushing debt, Chapter 7 bankruptcy protection may offer a way out. For help determining whether bankruptcy may be an appropriate resolution to your current situation, contact the experienced and skilled Houston bankruptcy attorneys at the Russell Van Beustring P.C., by calling 713-973-6650.

5 Steps to Financial Freedom

Completing a Chapter 7 bankruptcy filing is quite simple when you have the guidance of a capable and attentive attorney on your side. The following are five basic steps of the process:

  1. Analyze your debt to determine whether you are eligible for Chapter 7, and determine what property is exempt.
  2. Decide whether to redeem, reaffirm, or forfeit any property backing your secured debts.
  3. Fill out and file the bankruptcy paperwork.
  4. Settle any disputed debts in a court meeting, and act on your secured debt obligations.
  5. Obtain your discharge.

While the process may seem simple when reduced to a few easy steps, the details and mechanics of the filing may require the advice and handling of an experienced attorney.  Don’t hesitate to contact a member of our team today to find out if you qualify for Chapter 7 bankruptcy.

Contact Us

If you are faced with overwhelming debt that you see no way of paying on your own, it may be time to explore Chapter 7 bankruptcy as an option. Contact the Russell Van Beustring P.C., at 713-973-6650 for a free consultation with our experienced Houston Chapter 7 bankruptcy lawyers.


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