Chapter 7 Bankruptcy

Chapter 7 Bankruptcy Lawyers in Wilmington, Delaware

Chapter 7 bankruptcy is the most common form of bankruptcy, and in many ways the most effective. Chapter 7 truly allows people a fresh financial start as it wipes out all existing unsecured debt (with a few exceptions, such as child support and certain student loans and tax debts) and gives debtors a chance to start over. At Carucci Butler, LLC, we have extensive experience helping people with all aspects of Chapter 7 bankruptcy. The road to debt relief starts here.

Are you struggling with debt? Contact us today to discuss your debt relief options.

Is Chapter 7 Right for You?

At Carucci Butler, we offer people a wide range of debt relief options, including Chapter 7 bankruptcy representation. Chapter 7 is also known as "liquidation." Through this liquidation process, you must turn over your assets to a bankruptcy trustee, who will then sell them and use the proceeds to pay off your creditors. Once your bankruptcy petition is filed, your creditors must immediately stop all debt collection activities, including repossession and wage garnishment.

After the liquidation process has been completed (usually about 120 days) your debts will be discharged and you will receive a financial fresh start. Most people who file for Chapter 7 bankruptcy don't have significant assets to begin with, and often lose very little in the liquidation process.

Chapter 7 bankruptcy is for individuals and businesses. It is important to remember, however, that a chapter 7 business bankruptcy will liquidate the business, so it will no longer exist once the process has been completed. Our attorneys have handled many Chapter 7 bankruptcies, as well as Chapter 13, and Chapter 11, and are adept at handling the complex documents and court procedures. A mishandled bankruptcy will leave you with all of your debt, and allow your creditors to begin harassing you and imposing debt collection tactics all over again. With our firm on your side, you will have the best possible chance at achieving total debt relief.

Take the First Step to Debt Relief

If you are struggling with credit card debt or other unsecured debt and are thinking about filing for Chapter 7 bankruptcy, we are here to help. Contact us today online or by phone at 302-504-8089 to speak with an experienced Delaware attorney. We offer all bankruptcy and debt relief clients free initial consultations. For your convenience, we accept MasterCard and Visa.

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