9454 Wilshire Blvd, Sixth Floor, Beverly Hills, CA 90212
CALL NOW TO SCHEDULE A FREE CONSULTATION 310-271-6223 CALL NOW TO SCHEDULE A FREE CONSULTATION 310-271-6223

Tag Archives: chapter 7

Giving Up Real Estate in a Chapter 7 Bankruptcy

In a Chapter 7 bankruptcy, the trustee may sell a portion of the debtor’s property in attempts to repay creditors. Not everything has to be turned over to the bankruptcy trustee, however, as California bankruptcy laws allow the debtor to keep exempt property. Property that is exempt is considered to be the “necessities of modern […]

How the Liquidation of Assets Works in Chapter 7

Many people fear they will be left with nothing when filing for Chapter 7 bankruptcy, but that is not the case at all. Chapter 7 liquidates your assets and uses the proceeds to pay back creditors. After assets have been liquidated and the creditors paid back, you may then be free of all consumer debts […]

X

Contact Form

We will respond to your inquiry in a timely fashion. Thank you.

Quick Contact Form

MICHAEL JAY BERGER

Privacy Policy