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Idaho Chapter 7 Bankruptcy
What is Idaho chapter 7 Bankruptcy?
Chapter 7 bankruptcy is a liquidation of non-exempt assets in exchange for a discharge (forgiveness) of debts. It sometimes called a “straight” bankruptcy and is the most common form of bankruptcy. In a chapter 7 bankruptcy in Idaho, all of your debts, with few exceptions, are completely discharged. In most cases no property will be lost, but in some cases it may be necessary to give up or liquidate non-exempt assets in exchange for the bankruptcy discharge. A free bankruptcy evaluation with one of our experienced Idaho bankruptcy attorneys is the best way for you to understand how a chapter 7 may affect you and whether any of your property must be liquidated.
Idaho 7 Bankruptcy Information
We have the expertise and experience to ensure that filing for chapter 7 will produce the best results bases upon your individual situation. Our experienced bankruptcy attorneys can help you determine if you qualify for chapter 7. See if you qualify for our Affordable Bankruptcy Program and get your case filed for only $99 down!
Experienced Boise Idaho Chapter 7 Bankruptcy Attorneys
One of our experienced chapter 7 attorneys will ensure that you keep the maximum amount of property possible. Our chapter 7 bankruptcy attorneys have successfully represented hundreds of chapter 7 bankruptcy clients. Our experience and comprehensive approach to debt relief is unsurpassed in Idaho. You can rest easy that when our chapter 7 bankruptcy attorneys recommends a particular course of action, it is the best solution possible for your situation.
What Happens to My Debt in a Bankruptcy Under Chapter 7?
Upon completion of a chapter 7 case, which typically takes 4 to 5 months, all dischargeable debts are completely discharged (forgiven). This means that your creditors can no longer collect on those debts. Just because you file for chapter 7 bankruptcy (liquidation) does not mean that you cannot keep your property. Our experienced bankruptcy attorneys ensure that you understand how filing chapter 7 may impact your property and ensure that continue to keep as much of your property as possible. For a more detailed outline of the steps in a Chapter 7 case see our page on the process for filing a Chapter 7 bankruptcy.
Convenient and Free Bankruptcy Consultation
We know your life is hectic. That’s why we offer chapter 7 bankruptcy help with convenient telephone consultations when necessary.
Affordable Idaho Chapter 7 Bankruptcy
Areas We Serve
Meridian, Idaho 83642
Lehi, Utah 84043