Chapter 7
  • You may prefer Chapter 7 if you are on fixed income, low-income or have business related debts.
  • Chapter 7 does not relieve the obligation to make late mortgage, car, child-support or tax payments in the long term.
  • Chapter 7 fees must be paid prior to filing and often range between $3,000.00 and $8,000.00.
  • Most Chapter 7 cases last between 4 and 6 months.
  • Relief from creditors starts the minute the case is filed.
  • Some debts are not forgiven such as student loans, some taxes, DUIs and child support obligations.