Cedar Rapids Chapter 7 Bankruptcy Lawyer

Are you one of the millions of Americans who have been hard hit by the recession? Maybe you have lost your job and have large medical bills, credit cards, and other debts and you don't know how you are going to pay them. When your financial situation seems hopeless, you can turn to our Cedar Rapids Law firm for help finding a debt relief solution that is right for you.

For many years, our Cedar Rapids Law Firm has been helping Cedar Rapids area residents explore their options and choose a debt relief plan that fits their needs, including Chapter 7 bankruptcy. Call today to arrange a free initial consultation with one of our experienced Chapter 7 bankruptcy attorneys. We will review your financial situation, explain your options, and help you get back on the financial road to success.

Chapter 7 Bankruptcy Attorney Cedar Rapids

Chapter 7 bankruptcy is often called a straight bankruptcy. Congress recently enacted new laws tightening the restrictions on who is eligible for Chapter 7 bankruptcy, but for many of our clients Chapter 7 bankruptcy is still the best option. If you can pass the "means test," you may be able to take advantage of the fresh start offered by Chapter 7 bankruptcy.

In a Chapter 7 bankruptcy, all of your dischargeable debts are wiped out. There are no payment plans and you never pay another penny on these debts. Most debts are dischargeable including medical bills, utility bills, credit card debt, taxes more than three years old, and unsecured personal loans. Some debts such as student loans, recent taxes, child support, and alimony are not dischargeable in a Chapter 7 bankruptcy. In many cases, you may be able to keep your home and your car.

Cedar Rapids Debt Relief Lawyer

Stop agonizing over debts you cannot hope to pay. When you are ready for debt relief, call our Cedar Rapids Law Office and take the first step toward regaining control of your financial future. Our experienced Chapter 7 bankruptcy attorneys are standing by to help you work toward a brighter financial future.