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Chapter 7 bankruptcy

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  • #6602
    customer_19701
    Participant

    Hi everyone. I heard that chapter 7 bankruptcy can eliminate your debts, is that true? Are there any requirements for that?

    #6603
    customer_19841
    Participant

    I’m pretty sure it’s not as easy as you think. You can’t just go to the bank and forget about all your debts.

    #6604
    customer_20010
    Participant

    Filing for bankruptcy is actually a really long and complex process. You can go here to find out about chapter seven bankruptcy more. I can tell you that there are many requirements, and you may be denied, but there are other chapters of bankruptcy that can suit you, you just need to read about them and discuss them with a lawyer.

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