Find Relief From Debt Through Chapter 7 Bankruptcy

Chapter 7 bankruptcy allows individuals or businesses to stop debt collections and essentially eliminate debts altogether. This kind of debt relief can give you the fresh start you need.

However, it is critical to work with an experienced bankruptcy attorney. Bankruptcy courts do not tolerate mistakes, but there is no need for you to worry. The Sexton Law Firm will guide you through every step of this complex process. We have a thorough understanding of California's bankruptcy laws. And we know how to work with debt collectors and the courts. We provide you with personalized assistance that meets your needs to help you secure financial stability.

How Does Chapter 7 Bankruptcy Help?

First, you must determine whether or not you are eligible to file Chapter 7 bankruptcy by passing the California means test. There are generally two parts to the means test:

  • Comparing your total income with the median state income
  • Calculating your disposable income, or income left over after necessary expenses

If your income is less than the median, you automatically qualify. If not, you can still qualify if you do not have enough disposable income to pay debts.

The court then assigns a trustee to supervise your case. The trustee has the ability to sell certain assets of yours in order to pay debts. This is why Chapter 7 is also commonly known as liquidation. There are exemptions to what property they can sell, often including your home, vehicle and personal items.

Then, you receive a discharge of your debts. There are some debts you cannot discharge, but Chapter 7 bankruptcy can significantly ease your financial stress.

This process may seem challenging, but you do not have to face it alone. We will be by your side to help you get back on your feet.

Contact Us To Learn More About Your Debt Relief Options

Moving forward with bankruptcy can give you a fresh start toward a new future. It is important to remember there are both benefits and downsides that come with bankruptcy, but The Sexton Law Firm will support you through any obstacles. We will explain all your options to help you choose the best strategy to find debt relief.

Please call us at 619-678-1833 or contact us online to arrange a free consultation with one of our lawyers today at our offices in Chula Vista or Oceanside.

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