Learn More About Chapter 7 Bankruptcy

Millions of Americans are burdened by unmanageable debt. Whether this debt was accumulated due to unemployment, prolonged illness or other circumstance, there is hope. Chapter 7 bankruptcy is a viable solution to many consumers' financial problems.

When you sit down with the attorneys at Lincoln & Wenk, PLLC, in Peoria, Arizona, we will assist you with the Chapter 7 bankruptcy process. From the moment you enter our office until the day you receive your discharge, we are there for you. Our lawyers have a comprehensive understanding of bankruptcy law and will work hard to see that your needs are addressed.

Let Us Help You Get Out Of Debt

Everyone deserves a second chance. Declaring bankruptcy is not an admission of failure; it is an opportunity for a fresh start granted to all Americans under the U.S. Bankruptcy Code. Filing for Chapter 7 bankruptcy can help you:

  • Eliminate debts such as medical bills, credit card debt, unsecured loans and civil judgments
  • Halt foreclosure actions by your bank or lender, giving you time to find alternative living arrangements or gather the funds to pay your mortgage
  • Stop creditor harassment and wage garnishment
  • Keep your house, car and other property by continuing timely payments

Sometimes, assets must be surrendered and sold (liquidated) to provide creditors with full or partial payment. In such instances, the attorneys at Lincoln & Wenk, PLLC, will work to help you retain valuable property by utilizing all available exemptions.

Examining Your Options

For many individuals, bankruptcy leads to a more secure financial future. However, it is not for everyone. Chapter 7 bankruptcy will not discharge all types of debt: student loans, unpaid taxes, child support and criminal fines generally cannot be eliminated under the U.S. Bankruptcy Code.

In order to qualify for Chapter 7 bankruptcy, you must pass a means test. When you visit our firm, we will closely analyze your financial situation and assist you in determining eligibility. Should you be unable to file, our attorneys will explore alternative debt relief options with you, including Chapter 13 bankruptcy.

Chapter 7 Bankruptcy Lawyers Serving Goodyear, Peoria And The Entire Phoenix Area

Many people experience financial problems through no fault of their own. Do not let worries over excessive debt keep you awake at night. Contact our firm online or at 623-748-4890 for an initial consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.