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Bankruptcy Generally

The lawyers at Donaldson & Norris, LLC, can assist you in understanding Chapter 7 bankruptcy and with preparing and filing a Chapter 7 bankruptcy petition, if appropriate.

 

Our experience, knowledge, and high level of personal attention are designed to provide you with quality legal representation and advice in an atmosphere in which you will feel comfortable.

 

Please contact an attorney at our office for a free confidential consultation to further discuss your options or with any questions. We are here for you.

 

Chapter 7 is that part (or chapter) of the Bankruptcy Code that deals with liquidation. The Bankruptcy Code is that part of the federal laws that deal with bankruptcy. A person who files under Chapter 7 is called a debtor. In a Chapter 7 case, the debtor must turn his or her nonexempt property, if any exists, over to a trustee, who then converts the property to cash and pays the debtor's creditors. In return, the debtor receives a Chapter 7 discharge, if he or she pays the filing fee, is eligible for such a discharge, and obeys the orders and rules of the court.

 

Danbury - News Times