Debt can be overwhelming. However, before deciding whether or not to file bankruptcy, speaking to an attorney is a vital part of the process since a person may or may not be able to file in certain situations. At Santos Lloyd Law Firm, P.C., we prepare and file Chapter 7 cases.


A Chapter 7 bankruptcy will discharge most types of unsecured debt (credit cards, for example). The trustee will sell any significant nonexempt property in order to repay your creditors.

From beginning to end, a Chapter 7 bankruptcy case takes three to four months to complete.

The good news is that many Chapter 7 debtors keep all or most of their property. Petitioners with significant equity or assets that are not exempt by law could lose them to satisfy some debts. Additionally, keep in mind that some high income earners won’t be eligible for Chapter 7. Thus, it is important to determine your eligibility before filing.

If the debtor has a home, filing a Chapter 7 can temporarily stop foreclosure. That does not mean that the person will not have to catch up on payments. If the debtor cannot get current on the mortgage, the foreclosure will eventually continue.

As you can see,
there are many
facets of a
Chapter 7 case.

Contact us at Santos Lloyd Law Firm, P.C. to inquire about our Chapter 7 services.