Chapter 7 is often called "discharge" bankruptcy. A Chapter 7 filer can expect to have a fresh start after the bankruptcy literally "wipes out" debt. Credit card bills and other consumer debts in place at the time of filing will be discharged.
For Catholics living in this area, the concept of confession and forgiveness is a clear metaphor for Chapter 7 bankruptcy. Filing for Chapter 7 bankruptcy is like going to confession and having your sins forgiven. After the 341 creditors' meeting, if all goes well, you will receive your discharge. The entire process, from the time of filing to the creditors' meeting to discharge typically lasts about three or four months.
Although bankruptcy is, on the surface, a straightforward process, it is essential to get personalized advice pertinent to your individual circumstances. Bankruptcy is, in fact, a complicated area of the law with numerous rules and nuances of the court to take into consideration. It is not recommended that you attempt to file bankruptcy on your own. One key mistake could cause your bankruptcy to be denied, in which case you would be left with your debt and unable to refile for a number of years.
Debt Relief · New Orleans Chapter 7 Bankruptcy Attorney
Whether you are facing overwhelming debt and possible foreclosure in St. Tammany Parish, Orleans Parish or Jefferson Parish, Louisiana lawyer Jack A. Tittle Jr. offers you a free, initial consultation. Should you decide to have Jack Tittle represent you in Chapter 7 bankruptcy or Chapter 13 bankruptcy, representation can begin right away with initiation of a payment plan, if necessary. Contact the law firm by phone at 504-667-5330 (or toll free at 877-661-7050) or by e-mail to learn how to determine whether you qualify for Chapter 7 or Chapter 13 bankruptcy.
