When you hire a Moses Lake chapter 7 bankruptcy attorney, you’re obviously going to have a lot of questions – especially if you haven’t been through this before. When you work with a Brent Sorenson & Associates chapter 7 bankruptcy attorney in Moses Lake WA, you can rest easy knowing that we’ll always be here to answer them. Your Brent Sorenson & Associates attorney will be accessible, and be ready to not only answer your questions, but also address your concerns.
Questions You’ll Likely Have for Your Moses Lake Chapter 7 Bankruptcy Attorney
Every Brent Sorenson & Associates Moses Lake chapter 7 bankruptcy attorney has a great deal of experience in this area of the law. As a result, when you choose a chapter 7 bankruptcy attorney in Moses Lake WA, you’ll get the answers you need from someone who knows bankruptcy in and out. Here are the answers to some of the more common chapter 7 questions we receive.
- What are the basics of chapter 7 bankruptcy? – As your Moses Lake chapter 7 bankruptcy attorney will tell you, this is also often referred to as “liquidation” or “straight” bankruptcy. This is a way to provide a “financial do-over” of sorts by eliminating several kinds of debt. The bankruptcy trustee will liquidate, or sell, property that is considered to be non-exempt, and then use that money to pay creditors. However, since most filers have a small amount of non-exempt property, you’ll likely be able to keep most of yours.
- Will I qualify for this kind of bankruptcy? – Your chapter 7 bankruptcy attorney in Moses Lake WA will help you go through the qualification process. There are some complexities involved, but we can help you navigate through them quickly.
- Will chapter 7 eliminate my unsecured debts? – A chapter 7 bankruptcy attorney in Moses Lake WA may be able to help you wipe out debts that aren’t secured by collateral – or unsecured debt. This includes medical bills, credit cards and more. However, you’ll still have to repay unsecured debt such as student loans (in most cases), spousal support, child support and others.
A Moses Lake chapter 7 bankruptcy attorney with Brent Sorenson & Associates would love to tell you more. Call us at 509-444-2600 or contact us online.