COVID-19 NOTIFICATION: To protect your safety in response to the threat of COVID-19, we are offering our clients the ability to meet with us via teleworking options. Please call or e-mail us to discuss your options. We continue to operate under normal business hours.

  1. Home
  2.  » 
  3. Bankruptcy
  4.  » Chapter 7

How Can Chapter 7 Bankruptcy Help?

I am Roanoke County attorney Wilson C. Pasley, and I know that the legal system can be complex. Most people have questions and concerns about the bankruptcy process, and that’s normal. One thing you may want to know most is simply this: “What can Chapter 7 do for me? Can bankruptcy help me?”

The answer is that Chapter 7 can provide many potential benefits, depending on your situation. Here are a few:

  • Eliminate credit card debt
  • Wipe out medical debt
  • Stop wage garnishment
  • End creditor harassment
  • Stop debt-related lawsuits against you

Most importantly, it allows you to gain a fresh start. You can start rebuilding your credit right away without worrying about the past.

Can Anyone Qualify For Chapter 7?

No, not everyone qualifies to file Chapter 7 bankruptcy. You must pass a means test first. This test is to see if your income falls below a certain level. If it does, you will automatically qualify for Chapter 7. If not, your monthly disposable income must be determined to see if you qualify for Chapter 7. If you cannot pass the means test, you can still pursue Chapter 13 bankruptcy.

Get Answers To Your Other Questions Today

Whether you are ready to file for bankruptcy or you are just considering the idea, I invite you to schedule a consultation with me and get answers to your questions. Talking with a lawyer can provide you with the perspective you need to make the decisions that are best for you and your family.

Call my Roanoke, Virginia, firm today at 540-627-5026 or contact me online. You have nothing to lose.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

A Roanoke, Virginia, firm offering
comprehensive legal help.