STOP GARNISHMENTS.
ELIMINATE MOST DEBTS ENTIRELY.
REMOVE JUDICIAL LIENS FROM YOUR HOME IN MOST CASES.
ELIMINATE SOME BACK TAXES.
WIPE AWAY BUSINESS DEBTS.
KEEP ALL YOUR PROPERTY IN MOST CASES
A Chapter 7
bankruptcy is the quickest bankruptcy available,
enabling you to walk away from most debts. Most people
are still able to file Chapter 7, even after
bankruptcy
"reform." However, a stringent formula is now applied to
your financial means to determine whether you qualify to
file Chapter 7 bankruptcy. Y our expenses are strictly scrutinized
and compared to your income in order to determine how
much you could afford to repay your creditors.
Chapter 7 bankruptcy is referred to as a "liquidation"
but this is misleading. Ordinarily, you lose no
property because the usual property owned by most people
is exempt.
When schedules are properly prepared and presented, and
when the means test is calculated with care, your
bankruptcy results in a smooth and painless process with
no surprises. Generally, we can have your case
ready to file within a week or sooner if you have an
emergency such as garnishment or foreclosure. In
emergency situations we can file your case the same
day.
From the date your case is filed, your bankruptcy
process will take a total of about 90 days to final discharge.
A bankruptcy discharge is the court order forgiving your
debts. Even though the discharge doesn't come for
about 90 days, you receive immediate protection from
your creditors as soon as your case is filed.
Garnishments and foreclosures stop.
About 30 days after your Chapter 7 bankruptcy case is filed, the bankruptcy
trustee assigned to your case will conduct a "Section
341" meeting of creditors. This refers to 11
U.S.C. 341 which is the section of the bankruptcy code
that requires a meeting of creditors. 95 percent
of the time, no creditors show up. The hearing
simply involves you, your attorney, and the bankruptcy
trustee. It normally takes less then 10 minutes in
most cases. This is the only appearance you'll be
required to make in most cases.
Detailed Frequently Asked Questions for
Chapter 7 Bankruptcy are
answered here.
More about Morris Law Firm from one of our
clients . . .
"I cannot thank you enough for all of the work
you performed on my recent Chapter 7 bankruptcy
case. My case had implications in two states,
extenuating and unusual expenses to be
claimed, and required you and I to challenge the
existing bankruptcy law in Colorado and set
precedent for how future cases with my
circumstances would be handled.
After seeking consultations from two other law
firms in downtown Denver and getting the
distinct impression that they were "bankruptcy
mills," and would not give my case the special
consideration it would require, I saw the claim
of individual attention and fair fees on your
website and sought out your services. From the
initial consultation through the eventual
discharge of debts, you and your staff were
exceptionally professional and accommodating.
I prefer to work and communicate through e-mail
or other electronic means and your proficiency
in this area was equally as impressive. You and
your staff responded promptly to every
communication sent and kept me apprised of case
developments in a very prompt manner via e-mail.
I will unequivocally recommend your services in
the future and, should you ever require a client
reference, please feel free to pass along my
contact information." -- T.L., Littleton,
Colorado
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